Taxation

1. Calculation of income tax and Social Security deductions on the salaries of the Company’s employees for the period of reference in accordance with the Jordanian Laws after granting the exemptions provided for in the law in accordance with the Income Tax Law and the Social Security Law.
   
2.  Calculating the tax due on any amounts transferred abroad during the period of reference which might be subject to the provisions of the applicable Interim Income Tax Law No. (34) Of 2014.
   
3. Follow-up with your Financial Department to deduct tax at a rate of 5% on any amounts paid during the period of reference to any residing person for rendering a service and that such deductions have been supplied to the Department in accordance with the applicable Interim Income Tax Law No. (34) of 2014.
   
4.  Directing your Financial Department to the proper methods in handling taxation matters in terms of headings, proper categorization of the financial statements and assisting it in the preparation of tax planning, through which you can take advantage of all the privileges stipulated for in the Income Tax and Social Security Laws to ensure making the maximum use of tax exemptions and to obtain the minimum tax assessments.
   
5.  Filling out the annual income declaration of the Company according to the actual financial statements for the year ended on ……… after making the required amendments to the income statement in accordance with the requirements of the Income Tax Law and the directives issued thereunder and to discuss these amendments with your Department to have them duly approved and delivered to the Income Tax Department together with the amendments list prepared to avoid any fines that might be imposed on the Company as a result of non-compliance with the requirements of the Income Tax Law or non-delivery of the annual disclosure of income (tax declaration) within the legal grace period.
   
6.  Attending with the staff of your Financial Department when the income tax or sales tax auditor visits the company to examine the Company's financial statements or the tax declarations for the respective period and discussing with the auditor all his remarks about the final accounting statements and the sales tax declarations.
   
7.  File the annual income tax return, based on the financial statements for each period and deliver the same to the Department within the legal grace period.
   
8. Calculating the nondeductible tax and refund the exempted sales and return them to the Sales Tax Department with the tax declarations.
   
9. Calculate the tax on imported services, if any, and pay the same to the Income and Sales Department with the legal period.
   
10.  Represent you before the Income and Sales Tax Department, and their Objection Committees. In addition, approve or disapprove the assessor’s and / or auditor’s decision and refer the same to the competent courts after clarifying our point of view.
    
11. Finalize your tax issues as soon as possible, respond to any of your written inquiries, and provide you with appropriate discharge from the Income and Sales Tax Department for the engagement period.
    
12.  Provide consultation for any contracts be signed with other parties to avoid fines, which might arise from such contracts in accordance with the Income Tax and sales Tax laws.
    
13. Re sales tax for people not residing in Jordan