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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Taxes: trillion and 300 billion dinars and imports in the year 2013 and we expect to increase over 2

    Rocky
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    • Post n°1

    Taxes: trillion and 300 billion dinars and imports in the year 2013 and we expect to increase over 2 Empty Taxes: trillion and 300 billion dinars and imports in the year 2013 and we expect to increase over 2

    Post by Rocky Thu 23 Oct 2014, 6:31 am

    Taxes: trillion and 300 billion dinars and imports in the year 2013 and we expect to increase over 2014
     
     
     
    Long-Presse / Baghdad
    Confirmed the GCT, on Thursday, that the tax in Iraq not apply to all sectors involved, including the sectors of agriculture, industry and limited to the oil sector and mobile phone companies, and noted that the imports in 2013 amounted to Trliuna and 300 billion dinars, with the expected increase in tax revenues during the current year , indicated that the Iraqi economy does not have yet to see a clear future because of its reliance on oil and the reluctance of other sectors.
    The Director General of the Commission Kazem Ali Abdullah said in an interview to the (long-Presse), "The tax law is going according to Iraqi Systems accurate, current and clear to everyone," pointing out that "tax does not apply to all sectors operating in Iraq."
    Abdullah said that "the agriculture sector, which is from 5 to 6% of the GDP of the country and according to the law, it is not subject to tax," noting that "the industrial sector of Iraq is taxable unless he shall not have now collects the tax because it is ineffective and does not work as well" .
    He said Abdullah, "As for the sectors in which tax is calculated which are the oil sector and specifically companies licensing rounds, and this after the production of oil, which goes directly to the state, according to the contracts with the oil ministry," noting that "tax is calculated from the mobile phone companies operating in Iraq companies and diversified business. "
    He stressed Abdullah that "what has levied taxes during the year 2013 amounted to Trliuna and 300 billion dinars, while for imports year 2014, the Authority still has not closed the accounts of the year so far," expected to "be no increase in imports during the current year compared to last year due to increase the number of companies operating in Iraq. "
    He Abdullah that "the current law of the body as possible to serve for years to come, but this is not our ambition In case we want to develop tax law in Iraq, it should be no clear economic policy milestones in Iraq," attributing the cause to be "Iraq's economy is still Rieia depends Only on oil imports and the reluctance of other sectors, so it can not amend the law or developed unless we start setting the right foundations for the Iraqi economy and the application of functional system in a real state departments. "
    The Tax Foundation Iraqi and one of the oldest institutions of tax in the Arab world, and perhaps in the entire region, Iraq has initiated the first income tax law in the wake of the establishment of the national government in 1920, it released the Income Tax Act No. 52 in 1927.
     In light of which formed the Directorate of Income Tax, and then formed the Directorate of Property Tax in 1923 while the tax laws in the rest of the Arab states have been issued in the forties of the last century.However, the tax legislation under the Ottoman prevailed in Iraq for several centuries.
    And introduced the General Authority for taxes on 02.27.1982 based on "the law of the Ministry of Finance No. 92 for the year 1981 following the merger of the Directorate-income public and that they are applying the Income Tax Act with the directorate general imports, which were applied Tax Act, real estate and was named the GCT replacing the departments of tax income and general imports and now has branches scattered in all provinces, and some cities as centers of districts and in some respects, a number (57) branch tax in Baghdad and the provinces, and these branches are connected centrally Authority.
     

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