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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


    Expert: An agreement passed in parliament will cost Iraq hundreds of millions of dollars in losses

    Rocky
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    • Post n°1

    Expert: An agreement passed in parliament will cost Iraq hundreds of millions of dollars in losses Empty Expert: An agreement passed in parliament will cost Iraq hundreds of millions of dollars in losses

    Post by Rocky Fri 28 Apr 2023, 7:26 am

    [size=30]Expert: An agreement passed in parliament will cost Iraq hundreds of millions of dollars in losses
    [ltr]2023.04.28 - 14:56[/ltr]
    [/size]
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    Baghdad - Nas  
    On Friday, the economist and professor of economics at the University of Basra, Nabil Al-Marsoumi, revealed an agreement that will be approved soon in Parliament and will cost Iraq annual losses estimated at hundreds of millions of dollars.  
      
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    Al-Marsoumi said in a post, followed by "NAS", (April 28, 2023), that "the agreement to avoid double taxation between Iraq and Kuwait, which will be ratified soon in Parliament, means that the profits of Kuwaiti companies operating in Iraq, such as Zain, Kuwait Energy, Qualitynet and others, will not be subject to the law." The taxes are in Iraq and they will pay their taxes in Kuwait.”  
      
    He explained, "Which means annual losses for Iraq estimated at hundreds of millions of dollars, which will open the way for other countries to conclude such agreements that contradict the Sudanese government program that aims to increase non-oil revenues to 20% within 3 years."  
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