Naharnet

Khalil Refers Draft Law on Ending Customs Exemptions

Finance Minister Ali Hassan Khalil on Monday referred to the Council of Ministers' general secretariat a draft law on the abolition of all tax exemptions stipulated by the customs law and other laws except for those mentioned by international treaties and conventions.

The move is part of the Finance Ministry's measures that are linked to the approval of a reformed state budget.

The measure is expected to reflect positively on revenues and the efforts to curb tax evasion.


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