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Economy and investment representative: a tax increase and a temporary measure will pass the end of the financial crisis
4/9/2015
The Commission on Economy and Investment parliamentary member of the fulfillment of a fight, Wednesday, that the imposition of taxes and doubled recently is a temporary hold will disappear the end of the financial crisis and rising global oil prices, pointing out that this measure is one of the solutions to cover the deficit in the public budget. The fight told / information /, that "the financial crisis in the country as a result of falling world oil prices and military operations called on the concerned authorities to resort to temporary solutions, including increased tax rates on incoming goods and real estate." Noting that "this action will contribute to increase the financial revenues to the budget," pointing out that "taxation is an international practice in the context of all the world."
She said "raising taxes and doubling the proportion of recently is a temporary measure and will pass the end of the financial crisis and the resumption of oil prices to rise again." The House of Representatives has approved the increase in tax rates in the general budget of the country project, also instructed the Ministry of Finance to double tax rates on imported goods and real estate to meet the fiscal deficit of the budget, while this decision has raised the ire of some of Alaguetsadeyen traders and argued that the measure would stop the process of buying and selling real estate and would befall market paralyzed, and the reverberations will be reflected on the citizen directly. Ended 25 K
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4/9/2015
The Commission on Economy and Investment parliamentary member of the fulfillment of a fight, Wednesday, that the imposition of taxes and doubled recently is a temporary hold will disappear the end of the financial crisis and rising global oil prices, pointing out that this measure is one of the solutions to cover the deficit in the public budget. The fight told / information /, that "the financial crisis in the country as a result of falling world oil prices and military operations called on the concerned authorities to resort to temporary solutions, including increased tax rates on incoming goods and real estate." Noting that "this action will contribute to increase the financial revenues to the budget," pointing out that "taxation is an international practice in the context of all the world."
She said "raising taxes and doubling the proportion of recently is a temporary measure and will pass the end of the financial crisis and the resumption of oil prices to rise again." The House of Representatives has approved the increase in tax rates in the general budget of the country project, also instructed the Ministry of Finance to double tax rates on imported goods and real estate to meet the fiscal deficit of the budget, while this decision has raised the ire of some of Alaguetsadeyen traders and argued that the measure would stop the process of buying and selling real estate and would befall market paralyzed, and the reverberations will be reflected on the citizen directly. Ended 25 K
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