Parliamentary Finance: taxation to raise the dollar's exchange rate against the dinar

Parliamentary Finance: taxation to raise the dollar's exchange rate against the dinar


4/2/15

Information / special / ..
Parliamentary Finance Committee Ezzat, on Thursday, the reasons for the high dollar against the Iraqi dinar to raise the government's tax on currency traders and the traders and companies, adding that the current price will remain stable and will not rise further.
A member of the Finance Committee MP Masood Haider told / information /, said that "the rise in the US dollar exchange rate against the Iraqi dinar was caused by the tax measures taken by the government to cover the real deficit of the budget in 2015".
He added that "These measures are called for currency speculators, whether they are dealers or companies or individuals, and imposed a 3% to traders and 5% on the traffickers currency led to a rise in the exchange rate of the dollar," noting that "the rise will stabilize at the current figure will not be up to a higher level of Current price.

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