Private banks and the Tax Authority are discussing the role of the private sector in the development process, and ways to simplify tax procedures
It discussed a joint symposium held by the Iraqi private banks association, with the General Authority for taxes on Wednesday the prospects of bilateral cooperation, the private Doralqtaa a true partner in the development process in the country.
They also discussed a proposal to simplify tax procedures through the establishment of a database for all Iraqis, similar to the developed countries of the world.
The two sides agreed to hold joint quarterly meetings every three months, at a rate of four meetings a year, to follow up on bilateral cooperation issues, interspersed with round table sessions held trust placed the end of next week.
The research also addressed the concerns of dealing with checks issued by banks, where the emphasis was placed in this area to deal with the banks approved by the Central Bank of Iraq and exclusively by the last camel Rated twenty-first banking system as a first stage.
The head of the Iraqi private banks association Wadih Handal During the seminar, the need for Iraq to move to international Maiaralamhacbh, especially Maitalq work of the General Authority for taxes.
He proposed creating Mrkzmalomata includes / databases / for all Iraqis financial Hasralzmm.
Turning a number of speakers during the seminar to the need to unify the tax measures and find solutions to the outstanding problems between the federal government and the Kurdistan Regional Government to prevent double taxation, and the adoption of a unified database between the General Authority for Customs and the General Authority for taxes to avoid the problems that can occur between the two solutions.