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Association of Banks to discuss the special tax mechanisms
- MARCH 22, 2015
BAGHDAD
Examined the Association of private banks on taxes and customs duties according to paragraph 50 of the mechanisms of the state budget law imposed on imports.
As the central bank has decided to obtain the fees and taxes from importers according to the mechanics of import to ensure that the state Asthakagaha.oukal Director General of Customs and financial expert for the central bank Ahsan Yasiri in a statement received (time) yesterday that he (got procedures relating to the submission of private banks requests to the Central to decide by the student Private banks documenting their requests through the database of the bank), adding that linked (fees and taxes directly aggregated percentage of the appraised value in demand and are subject to the controls of paragraph 36 of the budget and the special customs tariff law).
He Yasiri (the customs point of access to the tariff and the Ministry of Commerce and Finance and the relevant authorities study the issue of tariffs and import controls vacation in accordance with the financial business perspective that takes into consideration the priorities of the Iraqi economy and determine the customs tariff in accordance with this concept in order to preserve public money by and meet the needs of the citizens of the other side ).
He said (BIS calculations for importers will be through customs ports and an evidence of the amounts charged by the importer in accordance with the customs mechanisms in place and that these mechanisms be followed by an advanced stage of the process through letters of credit which is a step forward in the field of import).
The statement quoted economist Majid picture saying (to be cooperation between the ministries of trade and finance, as well as the central administration and the creation of a common database to be a burden common to all sides in order to achieve those import system easily serve all parties). He said economic adviser Abdul Hussein Al-Anbuge that (the subject of obtaining duties and taxes on the import traders inevitably reflected on the citizen with limited income passively through the transfer of the tax burden for citizens, but hold an inevitable market and the trade balance for the budget).
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- MARCH 22, 2015
BAGHDAD
Examined the Association of private banks on taxes and customs duties according to paragraph 50 of the mechanisms of the state budget law imposed on imports.
As the central bank has decided to obtain the fees and taxes from importers according to the mechanics of import to ensure that the state Asthakagaha.oukal Director General of Customs and financial expert for the central bank Ahsan Yasiri in a statement received (time) yesterday that he (got procedures relating to the submission of private banks requests to the Central to decide by the student Private banks documenting their requests through the database of the bank), adding that linked (fees and taxes directly aggregated percentage of the appraised value in demand and are subject to the controls of paragraph 36 of the budget and the special customs tariff law).
He Yasiri (the customs point of access to the tariff and the Ministry of Commerce and Finance and the relevant authorities study the issue of tariffs and import controls vacation in accordance with the financial business perspective that takes into consideration the priorities of the Iraqi economy and determine the customs tariff in accordance with this concept in order to preserve public money by and meet the needs of the citizens of the other side ).
He said (BIS calculations for importers will be through customs ports and an evidence of the amounts charged by the importer in accordance with the customs mechanisms in place and that these mechanisms be followed by an advanced stage of the process through letters of credit which is a step forward in the field of import).
The statement quoted economist Majid picture saying (to be cooperation between the ministries of trade and finance, as well as the central administration and the creation of a common database to be a burden common to all sides in order to achieve those import system easily serve all parties). He said economic adviser Abdul Hussein Al-Anbuge that (the subject of obtaining duties and taxes on the import traders inevitably reflected on the citizen with limited income passively through the transfer of the tax burden for citizens, but hold an inevitable market and the trade balance for the budget).
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