AMMAN —
The Cabinet, on Wednesday, decided to extend
its previous order by which lands and apartments would benefit from fee and tax
exemptions until March 31, 2022, according to the Jordan News Agency, Petra.
اضافة اعلان
The order would exempt lands and apartments from sale tax
and registration fees. Fees for passing property to heirs would be also exempted
from registration fees under this decision.
The cabinet also decided to exempt the first 150 sq.m. of a
house from registration fees, irrespective of the house's size. The tax on
extra square meters in a house will be cut down by 50 percent, according to the
order. However, only Jordanians will benefit from the order.
As for lands, the registration and tax fees will be also cut
by 50 percent to spur investments and breathe life into the market.
Read more National news