President
Based on the Constitution

It was approved by the People's Assembly at its meeting held in the date of 191-11-1425th and/30 -12-2004/ m.

The following are issued:

Article / 1 /

a Excluexempt from the provisions governing the real profits income tax and the salaries and wages provided for in Act No. /24/Date of 13-11-2003 Syrian natural and legal persons and in their provision of income tax are subject to the work of pledges, contracting, services and supplies carried out with or in favour of Syrian public, joint and cooperative sector and foreign companies, and the income tax, payroll tax and wages are met in a manner Snap and settle on taxable amounts
b/The tax rate to be deducted from the amounts paid shall be determined as follows:
1/400 of the value of total food provision and fodder for income tax
2/400 of the value of the total provision of other materials for income tax
3/400 of the value of total construction works, and the work of providing materials and services together with income tax
1/400 of the value of total construction works, and the work of providing materials and services together with payroll tax and wages.
7/400 of the value of total services provided to oil companies for income tax
3/400 of the value of total services provided to oil companies for payroll tax and wages
5/400 of the total value of other services for income tax
2/400 of the value of the sum of other services work for payroll tax and wages
c/The above tax rates are not subject to any addition under the laws in force

Article/2

The parties mentioned in paragraph (a) of article 1/1/of this Law, which make payment of taxable amounts, shall deduct this tax to the Treasury's account and pay it to the public treasury funds within the first fifteen days of the month following the month of performance of those funds.

Article/3

If the parties listed in the previous article do not deductake or pay the tax within the period or are not reimbursed, they are required to tax the unpaid tax in addition to the fine provided for in article/107/ of Law No. 24/11/11-2003/2003.

Article/4

The contracts subject to article/1 of this Act are excluded from the provisions of article/120/ of Act No. 24/ dated 13-11-2003.

Article/5

In addition to those who are enumerated in paragraph (a) of article 2/24 of Act No. 24 /13-11-2003/following items:

34/Transportation companies and projects Investment Act No. 10/10 (1991) The amendments are considered an independent unit by commission, not the one mechanism, and costs the total activity of the project, taking into account the exemptions set out in the said law. .

35/Air and sea transport sensors

Article/6/6

Amend sections/26/ and/31 of paragraph/a/of article /2/ of Act No. 24/4/13-200-2003 to read as follows:
26. Air and maritime service and supply practitioners
31// University professional units

Article/7/7

Paragraph/b/of article/16 of Act No. 24 /13-11-2003 is amended to read as follows:
b/The income tax on net profits achieved by participating companies contributing their shares to the IPO by a minimum of 50 % in the private and joint sectors whose main position in the Syrian Arab Republic/15 is for all its activities at a rate of 15 % including the income tax rate. To contribute to supporting sustainable development and exempting from the addition of local administration as well as the income tax on net profits achieved by industrial joint-stock companies and industrial companies with limited liability that exceed the value of the machines used for industrial action. 5 million Syrian pounds, according to the financial estimate that is in effect and whose main position or branch is in the republic. Syrian Arab in the private and joint sectors for all of its activities at a rate of 25 %, including contribution to sustainable development, except for the addition of local administration. This amount may be raised by the decision of the Prime Minister.

Article/8/8

Paragraph/b/of article 45/of Act No. 24 /13-11-2003 is amended to read as follows:
b/The salaries of medical/surgical, laboratory, laboratory and radial services, which are charged by the doctors in charge of income tax, are subject to the income tax, and those who are employed or contractors on a full-time basis are subject to the charge of payroll taxes and wages.

Article/9/2

Paragraph/b/of article 61/of Act No. 24 /13-11-2003/ 2003 is amended to read as follows:
b/The tax rate to be deducted from the amounts paid shall be determined as follows:

3/400 of the value of total construction works, and the work of providing materials and services together with the income tax, which amounts to 1/400 of the total value of construction works, and the work of providing materials and services together with payroll tax and wages.
7/400 of the value of total services provided to oil companies for income tax
3/400 of the value of total services provided to oil companies for payroll tax and wages
5 % of the value of the total work of other services, as well as paid wages for the investment of films, devices, machines, patents, names, labels, industrial and commercial titles, and other income tax.
2/400 of the value of the other services business group, as well as paid wages for the investment of movies, devices, machines, patents, names, labels, industrial and commercial titles, and others to meet payroll tax and wages.

Article/10

Amend the performance of the deductible tax received in articles 62 /63/ of Act No. /24/13-11-2003/as referred to in article 2 of this Law

Article/11

Paragraph/b/of article 105// of Act No. 24/4/13-11-2003/ is amended to read as follows:
b/Funds held in bank savings accounts in the Syrian Arab Republic

Article/12

The provisions of Articles 1/and 9/9/of this Law shall not apply to contracts and contractual procedures taken prior to its entry into force

Article/13

The Minister of Finance shall issue instructions to implement the provisions of this Act.

Article/14

This Law is published in the Official Journal and its provisions are valid from 1-1-2005.
Damascus, 18-1-1-1425, March 00.12-2004/34/

President
Bashar al-Assad

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