- Sales tax on small cars increased to 18 percent for vehicles up to 850cc
- Government introduces measures to streamline tax policies and combat tax evasion
- Severe penalties for unregistered businesses include freezing bank accounts, banning property transfers, and sealing premises
- Businesses have 30 days to appeal penalties
- Tax rate on interest income increased from 15 percent to 20 percent, excluding national savings schemes
- Taxes proposed on online businesses, requiring e-commerce platforms to report monthly transaction data and taxes
Source: samaa.tv
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
