The Jordan Securities Commission confirmed that profits earned by mutual funds from their contributions to companies are fully exempt from income tax, reflecting a Council of Ministers decision intended to encourage the establishment of new investment funds and strengthen their role in capital market development. The Commission said the only tax applied to these funds is a small lump-sum income tax rate of 0.0008 on the value of share purchases and sales. In the same context, the government cited three measures aimed at stimulating trading in the Amman Financial Market: Cabinet approval of the Legislative Council’s legal opinion on the income tax treatment of mutual investment funds, a 25% reduction in minimum and maximum broker commissions to 3 per thousand and 4 per thousand respectively, and an extension of trading hours so the session runs from 10:30 to 13:30 instead of closing at 12:30.