ASEZA cracks down on smugglers

In addition officials are implementing tighter rules on cars and trucks leaving ASEZA, where the low five per cent income tax and the seven per cent sales tax levied in the area have given Aqaba-bound goods a comparative advantage over the overtaxed trade elsewhere in the country. His sales in [Amma...

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Bibliographic Details
Published inMiddle East News Online
Main Author Alia Shukri Hamzeh and Saad G. Hattar
Format Newspaper Article
LanguageEnglish
Published Durham Middle East News Online 19.08.2001
Subjects
Sabbagh, Walid
Zumot, Omar
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Summary:In addition officials are implementing tighter rules on cars and trucks leaving ASEZA, where the low five per cent income tax and the seven per cent sales tax levied in the area have given Aqaba-bound goods a comparative advantage over the overtaxed trade elsewhere in the country. His sales in [Amman] fell by 60 per cent to 70 per cent since the launching of ASEZA. "On the other end, our new branch in Aqaba generated extra revenue of between 30 to 40 per cent," he added. According to ASEZA officials, the company charged with the operation had earlier smuggled 100 gallons of engine lubricants out of ASEZA.