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An international report: Iraq solves IX in Table permissive states to impose taxes
07/01/2013 12:00 am
BAGHDAD / future Iraqi
situation international report Iraq ranked ninth in the Middle East in the rankings of countries lax taxation, noted the report issued by the World Bank and PricewaterhouseCoopers, who teaches tax systems, that the governments of 13 countries in the Middle East is still continuing reforms their tax despite the global economic turmoil.
The report found that the total tax rate paid by the medium-sized company in the Middle East is equal to 23.6%, while labor taxes and social contributions constitute the bulk of these indicators, which are quite different from the global average. report reveals that Iraq still poses a low tax on corporate income, and in other cases does not impose, which explains the low overall average tax rate in the classification. While recognizing that the tax of the important means used by governments for financial gain contribute to the support of the state's resources and make ends meet to provide various services to its citizens. For his part, the Director General of the Tax Commission Kazem Ali to be modest taxes in Iraq due to the bulk of the GDP comes from oil, which is according to the Constitution belongs to the people, and with the exemption, which bestowed the agricultural sector and the weakness of the role of the industrial sector, but paralysis for several reasons leaves the commercial activity and the service sector which is subject to tax. The government has in Iraq after 2003 to reduce the ceiling tax in an attempt to support the private sector, and encourage national capital immigrant due to poor security situation, knowing that some were forced to invest in some neighboring countries under the tax system much harsher than the tax system in Iraq, according to Director General of the Tax Authority. Reveals reality twice as large in the consciousness of the Iraqi citizen in dealing with settling accounts tax, and often seeks designate to evade payment of the imposed controls the tax, and often do not disclose their income and activities of financial transparency, due, according to Director General Kazim Ali to poor relationship between Iraqis and collection system for centuries, perhaps, as well as that of the citizen finds the right questions about the fate of the amount paid from the tax to be services and care for him and his family. This underlines the importance of developing services for the balance of the relationship between the citizen and state taxpayers.
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