Jordan Launches Golden Taxpayer Status Program

According to recent reports, Jordan's Income and Sales Tax Department (ISTD) launched a Golden Taxpayer status program on 26 May 2020, which provides certain advantages for compliant taxpayers. Advantages include fast-tracked refunds (30 days if current on tax obligations and not under audit), fast-tracked audit procedures, and postponed payment of input GST on purchases. Taxpayers with Golden Taxpayer status can also use their status instead of obtaining a tax clearance when dealing with cer…