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Syria Adopts Modernised Tax Regime

by Lorys Charalamabous, Tax-News.com, Cyprus

17 November 2003


Syrian President Bashar Assad yesterday yesterday signed a law to reform the country's tax system. The law, which takes effect at the beginning of next year, abolishes the old system of a different tax rate for each trade, including 'civil servants'.

Under the new system, workers in both the private and public sectors will pay taxes ranging from 5% income between 5,000 and 8,000 Syrian pounds ($100-160) to 20% for income over 30,000 pounds ($600). However, under the new law, military personnel, police officers, firefighters, clerics and domestic workers are exempted from tax.

Since taking office in 2000, Assad has passed hundreds of laws and regulations designed to modernise the economy, which had been run along socialist lines since the Baath party came to power in 1963.


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