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Parliamentary Economic calling on the government to take action sufficient to prevent the exploitation of taxes to special interests
Sunday, February 8, 2015
[Baghdad where]
Parliamentary Economic Commission called, today, the Federal Government to take action sufficient to prevent the exploitation of the weak souls of taxes to their interests.
She Committee member Najiba Najib, told all of Iraq [where], that "the government and directed by imposing taxes on cars and the Internet and cigarettes and alcoholic beverages, in addition to the application of the customs tariff on construction materials and food imported law," adding that "the application of the tax requires coordination with all ministries and capable of taking measures to prevent enables weak souls of monopoly. "
Najib called on the federal government to activate the internal supervisory role, and without it there would be Mutnaon affected by the taxes and other beneficiaries. "
The Ministry of Finance, has researched the tax compliance with the United States and the legal draft legislation and submit it next month before the September agreement.
It is due to the central bank to submit draft legislation between Iraq and the United States on the law to be submitted to Parliament in the coming period to decide before September 15 of the next.
It is said that the government impose such fees and other taxes due to the Iraq faces financial hardship and a lack of liquidity with a large fiscal deficit due to lower world oil prices, especially since the Iraq depends on oil rents by up to 85%.
The House of Representatives has approved on 29 of the month of January last federal budget for fiscal year 2015 of $ 119 trillion dinars towards $ 105 billion and a deficit of 25 trillion dinars. Finished 2
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Sunday, February 8, 2015
[Baghdad where]
Parliamentary Economic Commission called, today, the Federal Government to take action sufficient to prevent the exploitation of the weak souls of taxes to their interests.
She Committee member Najiba Najib, told all of Iraq [where], that "the government and directed by imposing taxes on cars and the Internet and cigarettes and alcoholic beverages, in addition to the application of the customs tariff on construction materials and food imported law," adding that "the application of the tax requires coordination with all ministries and capable of taking measures to prevent enables weak souls of monopoly. "
Najib called on the federal government to activate the internal supervisory role, and without it there would be Mutnaon affected by the taxes and other beneficiaries. "
The Ministry of Finance, has researched the tax compliance with the United States and the legal draft legislation and submit it next month before the September agreement.
It is due to the central bank to submit draft legislation between Iraq and the United States on the law to be submitted to Parliament in the coming period to decide before September 15 of the next.
It is said that the government impose such fees and other taxes due to the Iraq faces financial hardship and a lack of liquidity with a large fiscal deficit due to lower world oil prices, especially since the Iraq depends on oil rents by up to 85%.
The House of Representatives has approved on 29 of the month of January last federal budget for fiscal year 2015 of $ 119 trillion dinars towards $ 105 billion and a deficit of 25 trillion dinars. Finished 2
[You must be registered and logged in to see this link.]
