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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


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    Taxes form committees to survey unregistered stores

    Rocky
    Rocky
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     Taxes form committees to survey unregistered stores Empty Taxes form committees to survey unregistered stores

    Post by Rocky Wed 28 Mar 2018, 10:08 am

    [size=30]Taxes form committees to survey unregistered stores[/size]
    28/03/2018 01:04 | Number of readings: 26
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    The General Authority for Taxation, on Wednesday, the formation of committees to survey the unregistered tax stores in coordination with the Operations Command in Baghdad and the provinces, confirming that the rate of tax evasion in the country up to 70 percent, while referring to the issuance of decisions to prevent the travel of those convicted of tax evasion.
     
    "The budget law of the current year is in line with the tax policy of the Ministry of Finance," said the director-general of the Commission, Abbas Ali, in an interview with the official Al-Sabah newspaper. The law stipulates that 5 percent of sales tax on malls and large shopping centers "Noting that" this tax is a tax indirect, as it can not include small shops with this tax. "
     
    She added that "the Authority was keen to exclude medicines and some food items such as flour, rice, sugar and oil from the sales tax," pointing out that "the amount of sales tax will be added to the bill, as the Commission will organize electronic kiosks for malls and large shops, and barbershops and beauty centers are other Tax ".
     
    As for restaurants and hotels, she confirmed that "it was 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 hotels 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, "coordination with the command of operations 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 divisors," explaining that "the Commission had succeeded in reducing the evasion to raise the financial revenues of taxes to more than 10 trillion dinars. "
     
    "The Authority has recently issued decisions to prevent the travel of those convicted of tax evasion, especially since this is based on the tax law." The department also coordinated with the health services and municipalities to suspend the renewal of professional vacations in case of abstention from tax accounting, To hand over the annual transfer statements to the tax account. "

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    Lobo
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     Taxes form committees to survey unregistered stores Empty Re: Taxes form committees to survey unregistered stores

    Post by Lobo Wed 28 Mar 2018, 1:48 pm

    Thanks Rocky, this sounds like they are serious about taxes and it also indicates that the taxes are in place and being collected.  If so, great news.

      Current date/time is Fri 08 Nov 2024, 10:14 am