Sales Tax

It is the tax that is levied on all products, industrial commodities, imported goods and performed services. The peculiarity and importance of this tax stems from the fact that it encompasses most, if not all, activities and the wide-range of those to whom it is applicable. Its importance also stems from the diversity of tax prices, some mandatory deals between the taxation authority and some chambers of industry and deduction of the tax on goods production inputs. On the other hand, it importance stems from the fact that its examination is done by the taxation authorities on a yearly or six-month basis.




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