AMMAN: The Income and Sales Tax Department has reported an increase in total revenue collection for 2024, reaching JD6.084 billion. This marks a JD243 million rise from the previous year's collection of JD5.841 billion, representing a 4 percent year-over-year growth.
According to Jordan News Agency, Director General Hussam Abu Ali disclosed that sales tax collections were a significant contributor, accounting for JD4.288 billion of the total revenue in 2024. This figure shows a JD210 million increase from JD4.077 billion collected in the prior year, reflecting a 5 percent rise. Income tax collections also saw an upward trend, reaching JD1.796 billion, which is JD33 million or 2 percent higher than the JD1.763 billion collected in 2023.
Abu Ali attributed the growth in tax revenue to the voluntary compliance of taxpayers, who have been diligent in timely filing and paying their tax obligations. He noted that this culture of compliance highlights taxation as both a national duty and a legal responsibility, significantly aiding the department in achieving its financial goals.
Despite facing challenges such as a global decline in fertilizer prices, which adversely affected income tax revenues in the mining sector, and regional geopolitical events, the department managed to increase its revenue. Abu Ali credited the department's success to enhanced auditing, inspection, and tax collection efficiency, facilitated by the adoption of modern technologies, artificial intelligence, digital transformation, and continuous reform initiatives.
The department's efforts to combat tax evasion and avoidance, along with its proactive approach in negotiating settlements with taxpayers by taking their financial situations into account, were also pivotal in boosting revenue, Abu Ali added.