Mr. Ashraf Al Arabi, Head of the tax authority assured that the Fourth Generation of the tax returns models is being prepared in preparation for distribution to areas and missions to be available to f...

Mr. Ashraf Al Arabi, Head of the tax authority assured that the Fourth Generation of the tax returns models is being prepared in preparation for distribution to areas and missions to be available to financiers before the start of the season with enough time.   He said that the new models will witness substantial adjustments in line with the amendments to Law 91 for the year 2005 and the cancellation of some exemptions, which was scheduled from before, such as exemption of schools, private universities, treasury bills, treasury bonds and other.   (source: Al-Akhbar)