Wednesday, January 11 2 / January 2012 08:56 | Author: mustakbal | | |
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BAGHDAD / As announced government spokesman Ali al-Dabbagh that the Council of Ministers decided at its second regular session last Tuesday, January 10, 2012, approved by the Ministry of Finance put out the debt owed to the government on taxpayers with limited income and who have not been demanding tax consequences of them, for the period from 1/1/2009 until 31/12/2011.
Dabbagh said the reporter and the news agency the future, on Wednesday, that "consent to extinguish the debt and exempted from the payment comes the interest of the Iraqi government to help a large segment of taxpayers with low incomes through the exemption from such taxes accumulated may not be able to pay resulting to add additional financial burdens weigh their shoulders, as well as in harmony with the provisions of the Constitution, Article (28) than the low-income exemption from taxes in a way as to maintain the minimum standard of living and regulated by law.
Dabbagh said that the article (20) of the General Budget Law for 2008 has included doubling the amount of allowances tax to the employee contained in item I of Article (12) of the Income Tax Law No. (113) for the year 1982 and double the amounts for the measurement of tax contained in Article (13) of the Act where the directive has been issued by the Prime Minister to stop tax to withhold on allocations and special agents of the State exemption from taxes imposed on the allocations as of June 1, 2008 and confirmed in the draft supplementary budget for 2008
Dabbagh said that the budget law for 2009, which delayed its release until April 13, 2009 did not include the text of the exemptions referred to in the budget law in 2008 as the tax laws have no retroactive effect based on the provisions of Article (19 / IX), therefore, prepared by the Ministry of Finance, in coordination with the General Authority tax bill to address this issue through the continued application of the tax exemptions as of 1/1/2009 until 31/12/2011 based on the provisions of paragraph (11) of Section IV of the financial management and public debt issued under the Coalition Provisional Authority Order No. dissolved (95) for the year 2004 rate. (Finished)
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