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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

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Tax evasion in Iraq up to 70%

rocky
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Tax evasion in Iraq up to 70% Empty Tax evasion in Iraq up to 70%

Post by rocky Wed 28 Mar 2018, 2:50 am

Tax evasion in Iraq up to 70%
March 28 2018 10:27 p
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[rtl][rtl]Taxes[/rtl]
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Follow-Up



A comprehensive survey on the shops and sources of income and non - registered sites in Aldharab of

 
 
The General Authority for Taxation revealed the formation of committees to survey the unregistered stores with tax in coordination with the Operations Command in Baghdad and the governorates.


"The budget law of the current year is in line with the tax policy of the Ministry of Finance, which stipulates the acquisition of 5 percent as a sales tax on malls and large shopping centers," said the director general of the Authority, Abbas Abbas, in a press statement. Direct, as it is not possible to include small shops with this tax. "


She added that "the Authority took care to exclude medicines and some foodstuffs such as flour, rice, sugar and oil from the sales tax," pointing out at the same time that "the amount of sales tax will be added to the bill, as the Authority will organize the electronic kiosks for malls and large shops, and barbershops and beauty centers Are also taxed. "


As for restaurants and hotels, it was declared as "covered by the decision of 36 in 2003 and by 10 percent, but only for first class restaurants and excellent, but the budget this year included all the foods and restaurants, taking into account the popularity of them," noting that "the Commission aims to reach an investigation Five trillion dinars this year, as revenues to the state treasury and according to the budget, at a time when the rate of tax evasion in the country to 70 percent.


The Director General of the General Authority for Taxation, the coordination with the Operations Command in Baghdad and the provinces to conduct a comprehensive survey on the shops and sources of income and sites not registered in the tax through joint dividers, "explaining," The Commission had succeeded in reducing the evasion to raise the financial revenues of taxes to more than 10 Trillions dinars ".

 

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