Mp Saleh Ashour Affirmed The Constitutionality Of Imposing Tax On Expat Remittances

Rapporteur of Financial and Economic Affairs Committee in the Parliament MP Saleh Ashour has affirmed the constitutionality of the proposal to impose tax or fees on expatriates’ remittances, similar to what banks and exchange companies do when transferring funds abroad without affecting the exchange rate.

Ashour pointed out that Article 48 of the Constitution stipulates the right of the State to impose taxes on everyone, whether citizens or expatriates, taking into account their income and ensuring they lead a decent life. According to the article, payment of taxes and public imposts is a duty as per the law which regulates exemption of those with very low income in such a way that the minimum standard of living is maintained.

;

He reiterated the Constitution grants the State full right to impose taxes or fees on expatriates in accordance with the law; while taking into account those with very low income, the possibility of exempting some people from paying the tax and imposing fees on remittances.

SOURCE : ARABTIMES

Comments Post Comment

Leave a Comment

Submit