Association of private banks held a workshop to train representatives of banks
13/04/2015
Truth - Majid Jawad Prince set up private banks under the supervision of the Association by Mr. Wadih Handal, president of the association, and a workshop to explain the mechanics of implementation of the program in a lecture delivered by Mr. spokesman Abdul Aoun, executive director of the General Authority for taxes representatives from the Central Bank, where the mechanisms for the taxes and fees customs discussed according to Paragraph 50 of the state budget law for 2015 special Balastairadat done through private banks customers to avoid the problematic developments within the documents submitted system to the Committee on the auction at the Central Bank. It was part of a dialogue with the participants in the workshop of specialists in the banking Shan for measures relating to the submission of banks special requests to the Central Bank by 15 days to decide on them, and called for documenting requests banks through a database linked to the central bank, said that the fees and tax directly aggregated percentage of the appraised value in demand and are subject to the controls of paragraph 36 of the budget and the special tariff of customs law, and in the intervention of the lecturer He pointed out the necessity of cooperation between the Ministry of Commerce and Ministry of Finance and Administration of the Central Bank 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, commented on the track one of the participants on the issue of medicines and medical supplies, import licenses being one of the jurisdiction of the Ministry of Health . In the intervention of specialists in economic affairs that the issue of obtaining fees and taxes on the import traders will be reflected inevitably citizens with limited income passively through the transfer of the tax burden for citizens, but hold inevitable to balance the market and trade balance. In the explanation of the lecturer pointed out that the settlement calculations for importers will be through customs ports and the proof of the amounts charged by the importer in accordance with the mechanisms of customs in force, and stressed that these mechanisms be followed by an advanced stage of the process of documentary credits and is a step forward in the field of import. In the part of the lecture, said Mr. spokesman that the customs point of access to the tariff of customs and 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, and in many interventions specialists participated in this area stressed the need for joint cooperation between the departments of private banks and the central bank through the creation of a common database to bypass paper transactions that weigh the work of the importer and the citizen and government institutions in this regard.
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13/04/2015
Truth - Majid Jawad Prince set up private banks under the supervision of the Association by Mr. Wadih Handal, president of the association, and a workshop to explain the mechanics of implementation of the program in a lecture delivered by Mr. spokesman Abdul Aoun, executive director of the General Authority for taxes representatives from the Central Bank, where the mechanisms for the taxes and fees customs discussed according to Paragraph 50 of the state budget law for 2015 special Balastairadat done through private banks customers to avoid the problematic developments within the documents submitted system to the Committee on the auction at the Central Bank. It was part of a dialogue with the participants in the workshop of specialists in the banking Shan for measures relating to the submission of banks special requests to the Central Bank by 15 days to decide on them, and called for documenting requests banks through a database linked to the central bank, said that the fees and tax directly aggregated percentage of the appraised value in demand and are subject to the controls of paragraph 36 of the budget and the special tariff of customs law, and in the intervention of the lecturer He pointed out the necessity of cooperation between the Ministry of Commerce and Ministry of Finance and Administration of the Central Bank 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, commented on the track one of the participants on the issue of medicines and medical supplies, import licenses being one of the jurisdiction of the Ministry of Health . In the intervention of specialists in economic affairs that the issue of obtaining fees and taxes on the import traders will be reflected inevitably citizens with limited income passively through the transfer of the tax burden for citizens, but hold inevitable to balance the market and trade balance. In the explanation of the lecturer pointed out that the settlement calculations for importers will be through customs ports and the proof of the amounts charged by the importer in accordance with the mechanisms of customs in force, and stressed that these mechanisms be followed by an advanced stage of the process of documentary credits and is a step forward in the field of import. In the part of the lecture, said Mr. spokesman that the customs point of access to the tariff of customs and 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, and in many interventions specialists participated in this area stressed the need for joint cooperation between the departments of private banks and the central bank through the creation of a common database to bypass paper transactions that weigh the work of the importer and the citizen and government institutions in this regard.
[You must be registered and logged in to see this link.]