ASEZA annual profits jump by 18%

(ANSAmed) - AMMAN, AUGUST 28 - The Aqaba Special Economic Zone Authority (ASEZA) annual profits reached a total of JD39 million ($55 million) this year, jumping by 18 percent compared to last year, company figures showed today.
    The company said that the rise in profit was down to improved collection measures of fees and financial obligations by concerned authorities in Aqaba.
    It has also implemented what it said "payment flexibility of due amounts by investors and taxpayers." "The total amount of income tax collected by the directorate of revenue, Tax and Audit during the first half of this year reached about JD15 million, 31 percent higher than the JD11 million received during the January-June period of 2013," the statement indicated. Sales tax revenues reached JD21 million ($29.6 million) an increase of 11 percent over the JD19 million ($29), while the buildings and lands tax increased by 1 per cent, registering JD1.6 million during the first six months of 2014. (ANSAmed).