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Concerned: no direct effect on the market price
3/25/2015 0:00
BAGHDAD
An official source at the General Authority for taxes that revealed the mechanism of the new format approved by the central bank comes to regulate and tax verification procedures and follow-up on the ground, pointing out that the tax itself existed in the past and changed collection procedures only came during the seminar organized by the Association of private banks in Iraq.
Executive Director of the General Commission for Taxes spokesman Abdul Aoun said: Episode aims to clarify the new measures implemented in coordination between taxes and the central bank and customs, pointing out that the Bankers' Association is working to enable private banks of these instructions, explaining the new regulations axis starts from private banks .
He noted in an interview (morning): We are moving from the traditional to the new mechanism is quite different from other ancient ensure verification of the goods and tax payment mechanism court several measures of several official bodies and sector banks represented civil judge. Indicating that the most intense coordination between the Association and the relevant authorities to ensure the rights of all parties as well as their impact on prices in the domestic market.
He noted that the tax existed in the past and only verification of tax procedures and follow-up mechanism is different. Indicating the need to sober institutional system, where all contribute to addressing the problems that bedevil the work and achieve economic viability of the country.
Deduction of tax
The Executive Director of the Association of private banks in Iraq, Tariq pointed out that the seminar brought together banks and banking companies with representatives of the Commission to answer all queries Ottaghlha banks, where representatives of taxes a detailed explanation about the new mechanisms of action and how is the tax deduction for materials importer and nature of dealing in border crossings.
He pointed to coordinate with the Central Bank to ensure correct financial transfer mechanism, indicating that banks and suppliers become representatives have an idea of the nature of the new work and pathways to remedy any defect may accompany the process of supplying materials to the Iraqi market.
New mechanisms
For his part, a supplier of food Mohammed Salim said the tax deduction mechanisms and new Alkmarki represented an obstacle to us first, noting that after a meeting with the relevant authorities and inquire about the mechanisms and goals, and how to implement new mechanisms picture became clearer.
And the impact of the new mechanism on food prices in the domestic market, he said that the taxes paid by the supplier in the past and the smooth flow of work in the border ports need.
He said not to influence prices in the event of the correct application of the instructions contained in this regard.
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3/25/2015 0:00
BAGHDAD
An official source at the General Authority for taxes that revealed the mechanism of the new format approved by the central bank comes to regulate and tax verification procedures and follow-up on the ground, pointing out that the tax itself existed in the past and changed collection procedures only came during the seminar organized by the Association of private banks in Iraq.
Executive Director of the General Commission for Taxes spokesman Abdul Aoun said: Episode aims to clarify the new measures implemented in coordination between taxes and the central bank and customs, pointing out that the Bankers' Association is working to enable private banks of these instructions, explaining the new regulations axis starts from private banks .
He noted in an interview (morning): We are moving from the traditional to the new mechanism is quite different from other ancient ensure verification of the goods and tax payment mechanism court several measures of several official bodies and sector banks represented civil judge. Indicating that the most intense coordination between the Association and the relevant authorities to ensure the rights of all parties as well as their impact on prices in the domestic market.
He noted that the tax existed in the past and only verification of tax procedures and follow-up mechanism is different. Indicating the need to sober institutional system, where all contribute to addressing the problems that bedevil the work and achieve economic viability of the country.
Deduction of tax
The Executive Director of the Association of private banks in Iraq, Tariq pointed out that the seminar brought together banks and banking companies with representatives of the Commission to answer all queries Ottaghlha banks, where representatives of taxes a detailed explanation about the new mechanisms of action and how is the tax deduction for materials importer and nature of dealing in border crossings.
He pointed to coordinate with the Central Bank to ensure correct financial transfer mechanism, indicating that banks and suppliers become representatives have an idea of the nature of the new work and pathways to remedy any defect may accompany the process of supplying materials to the Iraqi market.
New mechanisms
For his part, a supplier of food Mohammed Salim said the tax deduction mechanisms and new Alkmarki represented an obstacle to us first, noting that after a meeting with the relevant authorities and inquire about the mechanisms and goals, and how to implement new mechanisms picture became clearer.
And the impact of the new mechanism on food prices in the domestic market, he said that the taxes paid by the supplier in the past and the smooth flow of work in the border ports need.
He said not to influence prices in the event of the correct application of the instructions contained in this regard.
[You must be registered and logged in to see this link.]
