Tax
Trump recently announced a 10 percent import tax and higher tariffs on trade surplus nations.
Tariffs are expected to generate approximately $700 billion in annual revenue
The country achieved the highest rank among high-income nations in 11 out of 13 key indicators
Crude Oil WTI Futures, set to expire in March, also saw a gain of 0.4 percent, reaching $68.53
The package aims to boost innovation in taxes, enhancing SME empowerment and tax compliance
The decision applies to those whose annual revenues from goods and services exceed $10.7 million
This growth was fueled by remarkable performance in both passenger and cargo sectors
Property sales reached $19 billion, a 72 percent increase from $11 billion in 2023
This initiative is designed to reassure both current and prospective investors regarding their future tax responsibilities
In 2024, 96 percent of FTA attendees expressed satisfaction with the informative nature of awareness events
Domestic Minimum Top-Up Tax came into effect earlier this January
