The Ministry of Finance continues to discuss the general budget and calls for compliance with the stamp tax

by times news cr

On Wednesday, the Finance Committee assigned by the Ministry of Finance of the Government of National Unity continued its discussion sessions on the general budget for the year 2025, for the fourth day in a row.

The Ministry confirmed on its official page that the Finance Committee, formed by a decision of the Minister, “continued to hold its meetings for the fourth day in a row in order to discuss.”

The committee also continues to hold its sessions in its branches in: Al-Khamsa, the Ministry’s office on Al-Sikka Road, Zawiyat Al-Dahmani building, Al-Dhahra building, the Ministry of Health’s office, and the Accounts Administration building.

On Wednesday, the Ministry of Finance confirmed the failure of many administrative agencies and units to adhere to the stamp tax law.

This came in a letter addressed by the Minister of Finance, Khaled Al-Mabrouk, to ministers and heads of public departments, bodies and institutions, asking them to “instruct the relevant departments affiliated with them to adhere to and abide by the stamp tax law, and to refer taxes on a regular basis to the department,” according to a post on the ministry’s page on “ “Facebook.”

The minister pointed out the text of the law that “amounts spent to public entities other than those funded from the state’s general budget are subject to tax at the rate of five per thousand of the amount disbursed, and the burden of the tax falls on the person to whom the amount is spent.”

The Ministry of Finance continues to discuss the general budget and calls for compliance with the stamp tax


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2024-10-04 19:02:37

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