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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


    For the first time.. Taxes announce the signing of an agreement with Kurdistan

    Rocky
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    For the first time.. Taxes announce the signing of an agreement with Kurdistan Empty For the first time.. Taxes announce the signing of an agreement with Kurdistan

    Post by Rocky Thu 24 Aug 2023, 6:51 am

    [size=30]For the first time.. Taxes announce the signing of an agreement with Kurdistan
    [ltr]2023.08.24 - 11:38[/ltr]
    [/size]
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    Baghdad - Nas  
    The Director General of the General Authority for Taxes, Ali Waad Allawi, revealed the revenues generated within four months, and while he indicated the signing of a record of an agreement with the Kurdistan region for the first time since 2003, he announced that measures had been taken to prevent the recurrence of the theft of the century.  
      
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    The Director General of the Tax Authority, Ali Waad Allawi, said, in an interview with the official agency, followed by “NAS” (August 24, 2023), that “since we assumed the tasks of the Authority, we have achieved revenues and deposits at the outlets, during a period of four months, approximately two and a half trillion dinars, at a rate of two trillion total revenue and 585 One billion dinars from the secretariats of the outlets,” noting that “a study was developed for the commission’s work, especially after the incident of theft of the century.”  
      
    He added, "A committee formed to evaluate the performance of employees resulted in the issuance of administrative orders to isolate a number of employees from the positions they occupied due to the presence of some indicators, including those related to integrity and others to poor performance," indicating that the evaluation and transfers that took place were completely professional and 100 percent.  
      
    Authority revenues  
      
    He pointed out that "the Tax Authority is proceeding with progressive and progressive steps, and that the revenues generated came as a result of administrative orders, changes, monitoring and field visits to the Authority," noting that the Authority had achieved, during four months, nearly two trillion net revenues and more than half a trillion in revenues from safeties, such as border crossings.  
      
    And he indicated that "the revenues generated came as a result of continuous and diligent work and follow-up by the Prime Minister," stressing that "the Prime Minister follows up on a daily basis and calls even late at night to follow up on the Authority's numbers and movements, as well as the Minister of Finance's great follow-up and support of the Authority."  
      
    Amending the law  
      
    He pointed out that "a proposal was submitted to the Minister of Finance to amend some laws related to the General Authority for Taxes within the plan to implement the government program."  
      
    And he indicated that "the legal department in the Ministry of Finance submitted requests for amendments to the State Council for the purpose of studying them, and then presenting them to Parliament for a vote on them."  
      
    Protect the local product  
      
    He stressed that "taxes have contributed greatly to protecting and supporting the local product, and we have a set of additional supportive steps," pointing out that "the authority's economic goal is to protect locally manufactured products through public sector factories, companies, or the private sector, and these products are subject to percentages." Reduced, that is, the tax law and its instructions protected these products by imposing rates that are somewhat less than the tax rates or the standards of the tax rates imposed on the importer, for example the tanning industry and the metal and plastic industry. Turkey, Saudi Arabia and the Islamic Republic of Iran, all of these percentages are not less than 25 percent, but Iraq is 10 percent in order to protect the local product.  
      
    He stressed, "Imposing a 100 percent tax on imported tobacco and cigarettes, and now it has become 200 percent on alcohol. This is in relation to the issue of protecting the local product for the tax."  
      
    communication companies  
      
    He pointed out that "the three most important departments in the General Tax Authority are the adult taxpayer department, the direct deduction department, and the companies department."  
      
    And he indicated that "the department of senior taxpayers includes oil companies operating in Iraq, as well as communication and mobile phone companies," adding that "the vision of the current commission is to solve all existing problems without deportation, and we have a real communication group with mobile phone companies."  
      
    He pointed out that "the tax authority has contact with mobile phone companies and has paid parts of the sums owed by them, such as Asiacell and Zain Iraq."  
      
    And he indicated that "there are some meetings held in order to solve problems with the Korek company, as well as companies in the region," adding that "in light of this, the Prime Minister and Minister of Finance instructed to unify procedures with the Kurdistan region, because most of the communication companies are present there."  
      
    internet companies  
      
    Regarding Internet companies, he explained that a delegation from the Tax Authority, headed by the Chairman of the Authority, held meetings with the region and it was agreed to sign a report consisting of 15 articles, and this is happening for the first time since 2003. By 80 to 85 percent," pointing out, "there is a real and serious desire from officials in the region, as well as from the central government, to solve all problems."  
      
    budget taxes  
      
    He pointed out that "the authority's goal is to implement the comprehensive electronic system that will contribute to supplying the state treasury with funds and estimates three times what we achieve today, according to a study prepared in advance for the application of electronic automation."  
      
    He pointed out that "there is a clear will on the part of the Prime Minister and Minister of Finance, Taif Sami, in electronic tax work," noting that "a number of companies have submitted offers on their services in the electronic field."  
      
    Theft of the century  
      
    And the head of the Tax Authority announced that “the prime minister approved 6 proposals that we submitted after a 50-day study, as these proposals that entered into force will prevent the recurrence of the crime of theft of the century,” noting that “the companies were suspended, and there was no clearance, no non-objection, no tender entry, and no payment.” ".  
      
    He explained that "the money that was stolen is the money of companies whose time was supposed to expire within the five years, but before its period ended, the theft occurred," revealing "a claim that companies hate their money."  
      
    And he indicated that "solutions have been taken regarding the financial amounts of the companies affected by the theft of the century, including fixing the value of the company's secretariats, paying a part of it, and fixing it with an official letter until the other funds are returned."  
      
    Appointment of 150 degree holders  
      
    He continued, "The authority needs approximately 500 employees to fill the shortfall," noting that "the Minister of Finance provided the authority with 150 employees who hold certificates."  
      
    He stressed that "the authority is continuing to implement the electronic payment program, and has reached stages, and it will officially enter work next week," noting that "this program would eliminate bribery."  
      
    He referred to "submitting a proposal to ease tax reviews for taxpayers who are not subject to tax, which will reduce 50 percent of cases of extortion."  
      
    Private universities  
      
    The head of the Tax Authority confirmed the submission of a detailed report on the private universities and the related delays in the process of paying what they owed and who is obligated," noting that "the lagging private universities began to respond and now more than three universities have paid an estimated amount of 17 billion dinars owed since 2004."  
      
    He pointed out that "the Tax Authority, with a precedent that takes place for the first time in 15 years, has reserved funds worth one trillion and 500 billion dinars for a group of universities, laboratories, factories, and capital owners who failed to pay taxes."  
      
    Division of Execution of Reservations  
      
    And he continued, "The Minister of Finance, Taif Sami, agreed to create a special division for the implementation of reservations and recovery, which includes the collection of government debts, and she started the first list in the amount of one trillion and 600 billion, and this is a precedent that did not happen in 15 years."  
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