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Central Bank: the fluctuation of the dinar is familiar and banking companies not liable to pay tax
6/10/2015
Twilight News CBI / said on Tuesday that the volatility in the Iraqi dinar exchange rate against the dollar is not uncommon, among some banking and financial transfers to companies shall not be required to pay eight percent in taxes and customs imposed on the ratio of the merchants.
He said the bank's board member Majid picture of Twilight News, "The volatility is currently in a normal market and due to the addition of 8% and the proportion of customs taxes collected by banks from the merchants," adding that "there is speculation by the owners of banking companies."
He added that the picture "owners of banking and financial companies has no right to transfer them to add 8%, but traders, but they add Aaltzmon and paid to the government."
Iraqi Central Bank decided on Monday to deprive 14 banks from entering the window to sale and purchase of foreign currency to non-payment of taxes due on them.
The bank attributed the reason for the decision to "failure to pay all amounts discharged deductions for tax and customs secretariats and transferred to the General Authority for taxes and General Administration of Customs.
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6/10/2015
Twilight News CBI / said on Tuesday that the volatility in the Iraqi dinar exchange rate against the dollar is not uncommon, among some banking and financial transfers to companies shall not be required to pay eight percent in taxes and customs imposed on the ratio of the merchants.
He said the bank's board member Majid picture of Twilight News, "The volatility is currently in a normal market and due to the addition of 8% and the proportion of customs taxes collected by banks from the merchants," adding that "there is speculation by the owners of banking companies."
He added that the picture "owners of banking and financial companies has no right to transfer them to add 8%, but traders, but they add Aaltzmon and paid to the government."
Iraqi Central Bank decided on Monday to deprive 14 banks from entering the window to sale and purchase of foreign currency to non-payment of taxes due on them.
The bank attributed the reason for the decision to "failure to pay all amounts discharged deductions for tax and customs secretariats and transferred to the General Authority for taxes and General Administration of Customs.
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