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[rtl]Date of release: 2018/3/13 22:39 • 356 times read[/rtl]
(Arbil: Euphrates News) The central governments and the Kurdistan region agreed on Tuesday to hold tax accounts for private banks and non-bank financial institutions on the basis of the location of the headquarters, in addition to the unification of administrative instructions and controls.
A document to a meeting minutes signed by the governor of the Central Bank Ali Alaq, the Minister of Finance and Economy of the Kurdistan Regional Government Zubar Mohammad Halaman, the Director General of the Tax Authority Abbas successful, and the Director General of Taxation in the Kurdistan region Kamal Tayeb Qadir.
"A joint meeting was held on 13/3/2018 under the auspices of the Governor of the Central Bank Ali Alaq and the Minister of Finance and Economy in the Kurdistan Region and the presence of a number of specialists from the Central Bank and the Ministry of Finance and the Ministry of Finance and Economy in the region on the procedures of tax accounting for banks and non-banking financial institutions "He said.
According to the minutes, "the meeting was briefed on the minutes of the meeting which was held in the region 26/7/2017 for the same purpose, and also read the book of the General Authority for Taxation No. 61/1634 on 30/7/2017 addressed to the Prime Minister / Minister of Finance Agency on the same Subject and inform his state of its content. "
According to the minutes, "the participants decided that the tax accounting with private banks and non-bank financial institutions will be based on the location of the bank's headquarters or non-bank financial institution and all its branches operating in Iraq as of the estimated year 2018. For non-bank financial institutions,
He continued to work on unifying the annual instructions and controls by involving the tax administration in the region and determining the mechanism of tax accounting for other companies to accomplish this before the date 30/6/2018, and recognizing the documents and the acquittal of each party by the other party and forming a permanent joint coordination committee between the two administrations for the purpose of Follow-up".
He pointed out that "the parties to take the necessary action to implement the above-mentioned paragraphs by circulating it to all relevant departments and relevant authorities in the unilateral government and the region."
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Baghdad and Arbil agree to unify the administrative instructions and regulations of the tax
[/rtl][rtl]Date of release: 2018/3/13 22:39 • 356 times read[/rtl]
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[rtl](Arbil: Euphrates News) The central governments and the Kurdistan region agreed on Tuesday to hold tax accounts for private banks and non-bank financial institutions on the basis of the location of the headquarters, in addition to the unification of administrative instructions and controls.
A document to a meeting minutes signed by the governor of the Central Bank Ali Alaq, the Minister of Finance and Economy of the Kurdistan Regional Government Zubar Mohammad Halaman, the Director General of the Tax Authority Abbas successful, and the Director General of Taxation in the Kurdistan region Kamal Tayeb Qadir.
"A joint meeting was held on 13/3/2018 under the auspices of the Governor of the Central Bank Ali Alaq and the Minister of Finance and Economy in the Kurdistan Region and the presence of a number of specialists from the Central Bank and the Ministry of Finance and the Ministry of Finance and Economy in the region on the procedures of tax accounting for banks and non-banking financial institutions "He said.
According to the minutes, "the meeting was briefed on the minutes of the meeting which was held in the region 26/7/2017 for the same purpose, and also read the book of the General Authority for Taxation No. 61/1634 on 30/7/2017 addressed to the Prime Minister / Minister of Finance Agency on the same Subject and inform his state of its content. "
According to the minutes, "the participants decided that the tax accounting with private banks and non-bank financial institutions will be based on the location of the bank's headquarters or non-bank financial institution and all its branches operating in Iraq as of the estimated year 2018. For non-bank financial institutions,
He continued to work on unifying the annual instructions and controls by involving the tax administration in the region and determining the mechanism of tax accounting for other companies to accomplish this before the date 30/6/2018, and recognizing the documents and the acquittal of each party by the other party and forming a permanent joint coordination committee between the two administrations for the purpose of Follow-up".
He pointed out that "the parties to take the necessary action to implement the above-mentioned paragraphs by circulating it to all relevant departments and relevant authorities in the unilateral government and the region."
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