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Economists know as indirect taxes borne by the ordinary citizen
Date: Monday 16/04/2012 19:30
Customs tariff .. High prices and commodity original BAGHDAD - A citizen 's decision to apply tariffs on imported goods to Iraq, a sensation among economists. Some expressed concern that the prices of materials, goods and higher rates of inflation, while others believe it is necessary to protect the national product and will return prices gradually to the origin after the duration of its application. A member of the Committee of Economy and Investment Xiaa MP Abdul-Abbas: The tariff will protect the economy and save the local markets that have become dumping ground for shoddy goods and non-conforming to international standards. According to news agency. He added that the local product is unable to compete with the imported cost in terms of productivity, the absence of a tariff, noting that prices will rise at the beginning of something as simple implementation, but these gains will fade over time. The deputy proposed Xiaa distribution of funds accruing from the customs tariff on the social protection network and those with low salaries of retirees and employees, to create a balance between increases in prices and purchasing power of the citizen to avoid inflation, economist in the country, noting that the rate of customs imposed on goods ranging from (5%) to (30%), this indicates that the funds derived from the tariff would be great. The head assembly while the Iraqi industrial Abdul Hassan Shammari the need for the application of the Tariff Act as a flourishing agricultural and industrial sectors. He explained that the fashions that refuses to implement this law, "incorrect", because the rates of tariff, varying on imported goods, so that the material is necessary to cause harm to the citizen will determine their rates of high tariff, Chalskaúr This is good and advocated by the Ministry of Health, as it will reduce the purchase and the reduction of smoking and the harms to society. Shammari said that the application of this law will support the national economy, which provides security for the people through the absorption of unemployment after the operation of industrial plants and agriculture. There is a high probability of price increases in local markets when the application of the Tariff Act, which may damage the citizen simple. In this regard, said a member of the Economic Committee MP for the coalition in Iraq Nahida Daini: The merchant began to store food, industrial and consumer goods to be raised through the application of the law, what prices will increase, stressing the importance of the formation of an Oversight Committee for not giving way to exploit these conditions at the expense of ordinary citizens. The Daini to the importance of applying the Tariff Act that the country needs to protect his product to local and national levels. And suffer the economic sectors of the Iraqi deterioration of its infrastructure as a result of exceptional circumstances that have passed on the country such as wars and terrorist attacks. can not implement the law of the tariff duties on imported goods without a product local and national. analyst, said the economic spectrum Abdul Salem Ugaili plan should be developed strong economic summed activating the sectors major economic Kalzeraih, industrial and secure the local product. pointing out that the purpose of the application of the Tariff Act is to support the national product, if there is no local produce, what the purpose of activating the law?, so you must ensure food and goods so as not to increase prices. For his part, criticized the economic expert Majid picture decision of the Ministry of Finance to impose tariffs on imported goods, they will increase their prices, which serve as indirect taxes borne by the simple Iraqi citizen. said that the picture of the time is not appropriate for the application of the Tariff Act on imported goods as it will serve the merchant and the detriment of citizens simplex through the increase in commodity prices, and this will lead to economic problems in the country through high rates of inflation due to the weak purchasing power of citizens and increase prices in the Iraqi market. He added that the support of the local product and protect it come through the means of many other Kaafaúh of taxes and facilitate the importation of raw materials and the provision of infrastructure such as electricity, transport and communications, pointing out that the revenue to be derived from customs duties in one year up to (420) billion dinars, or approximately (150) million. identified and the Ministry of Finance, the first of June next date for the direct tariff for all goods entering Iraq to support production, industry, local agriculture and the reduction of dumping bad. The law provides for the imposition of customs duties on imported goods, not included in the table of tariff duties, by no more than 20% of its value, to be exempt samples and models that are not of commercial value, from customs duties, and took into account the law in the application of its provisions, the facilities afforded by the Investment Law No. 13 of 2006, as amended, on goods imported for investment projects exclusively, and comes with a view to attract the greatest possible investment companies and businessmen to work in Iraq.
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