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Iraq raises taxes and fees rate over the next year
12/15/2014 21:45
BAGHDAD / Obelisk: Economic Adviser to the Prime Minister the appearance of Mohammed Saleh, announced Monday, for the government to raise taxes and fees on a percentage of goods and real estate during 2015.
Saleh said in a statement seen by "obelisk", "The Council of Ministers discussed a number of issues to find alternative resources for lower oil prices to support the budget."
He added that "it was agreed to increase taxes and fees on goods and real estate during 2015 to support the budget and reduce liquidity in the deficit."
He continued that "the increase will be simple ratios do not affect the person's income and support on the part of the budget, but his Cabinet is not yet the rate of increase in taxes and fees decide."
He pointed out that "what previously levied from taxes and fees are estimated at one billion dinars, which do not constitute only 1%, and a few tenths of the annual budget."
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12/15/2014 21:45
BAGHDAD / Obelisk: Economic Adviser to the Prime Minister the appearance of Mohammed Saleh, announced Monday, for the government to raise taxes and fees on a percentage of goods and real estate during 2015.
Saleh said in a statement seen by "obelisk", "The Council of Ministers discussed a number of issues to find alternative resources for lower oil prices to support the budget."
He added that "it was agreed to increase taxes and fees on goods and real estate during 2015 to support the budget and reduce liquidity in the deficit."
He continued that "the increase will be simple ratios do not affect the person's income and support on the part of the budget, but his Cabinet is not yet the rate of increase in taxes and fees decide."
He pointed out that "what previously levied from taxes and fees are estimated at one billion dinars, which do not constitute only 1%, and a few tenths of the annual budget."
[You must be registered and logged in to see this link.]
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