The Tax Reform Committee, formed under the leadership of the Finance Minister, announced that it has prepared preliminary drafts for both the “Income Tax Law” and the “Sales Tax Law.”
Minister of Finance Mohammad Bernieh stated today, Thursday, August 14, on LinkedIn, that “significant and continuous progress has been made by the committee during its recent meeting.”
“We hope that the committee will submit both the Income Tax Law and the Sales Tax Law for public consultation during the next two weeks to collect feedback,” he added.
Bernieh revealed that the committee is finalizing the review of fee schedules for various ministries, noting that the update to transport ministry fees has been completed in coordination with that ministry, with progress underway with others.
The Ministry of Finance also intends to hold a broad meeting with the business community (an open workshop) to explain the new tax system and engage in dialogue, according to Bernieh.
He pointed out that this system—scheduled to become effective at the beginning of 2026—is founded on “simplicity, clarity, and competitiveness, and is built on partnership and trust with the private sector.”
Chapters of the Income Tax Law
The preliminary draft of the Income Tax Law includes 14 chapters addressing the key aspects of this tax:
Taxpayers and tax obligation
Tax rates
Tax exemptions
Tax-free thresholds
Deductible expenses
Taxpayer obligations
Cases requiring taxpayers to file declarations
Auditing taxpayer data
Objection procedures to assessments
Tax payment methods
Treatment of losses
Tax litigation
Sales Tax is defined as an indirect consumption tax imposed by the government on domestically manufactured and imported goods and services to finance its institutions and facilities.
Successive Tax Decisions and Exemptions
In May, Minister Bernieh issued a decision cancelling the property transfer tax based on current market value in cases of withdrawal (“Udool”) from a sale, if not completed by mutual consent—applying provisions of Law No. 15 of 2021.
In early June, he extended the deadline for filing tax returns by two months until the end of July 2025, after freezing field tax inquiry teams to encourage voluntary taxpayer compliance.
In late July, Bernieh issued a circular reducing the taxable market value of real estate by 30%—as a temporary measure to lessen this tax—while maintaining taxpayers’ right to object. Provincial Finance Directorates resumed issuing clearance certificates for real estate transfers as of August 3.
Under the same circular, security approval for real estate sales was replaced by a fast “no objection” certificate, and mandatory bank deposits for sales were removed.
Principle of Unified Taxation
Key features of Syria’s new 2025 Tax Code include:
A unified tax applies equally to all entities (companies and individuals).
A minimum taxable income threshold for net annual incomes above $12,000.
Removal of taxpayer classification by type of business or profession.
Exemption of salaries not exceeding $12,000 per year.
A New Tax System Introduced in Early 2026 in Syria Enab Baladi.
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