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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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    Integrity: The Tax Authority did not hold tax “evading” companies accountable

    Rocky
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    Integrity: The Tax Authority did not hold tax “evading” companies accountable Empty Integrity: The Tax Authority did not hold tax “evading” companies accountable

    Post by Rocky Wed 20 Dec 2023, 8:54 am

    Integrity: The Tax Authority did not hold tax “evading” companies accountable



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    2023-12-20 05:09
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    Shafaq News/ The Federal Integrity Commission stated on Wednesday that the General Tax Authority did not take any action against companies that did not pay their taxes, suggesting that tax accounting for the main agents of mobile phone companies be limited to the Senior Taxpayers Department.
    The Authority’s Prevention Department said in a report it prepared about the field visits it carried out to the General Authority for Taxes and the Media and Communications Authority: To view the tax accounting mechanism for the main agents of mobile phone companies, in a statement received by Shafaq News Agency, “There are no accurate statistics for the main agents of Asiacell and Zain Iraq.”
    She indicated that “there are files for other companies in the branches of the General Tax Authority that have not been sent,” noting that “tax accounting is carried out based on the data provided by the main agents and comparing it with the data provided by the company.”
    She added in the report, a copy of which was sent to the Minister of Finance, that it “recommended creating a database related to the main agents of companies and following up on their annual tax accounting,” pointing out that “the General Tax Authority has not taken any action against companies that have not paid the tax, as some agents They have not been held accountable since 2008, and there are companies that have not conducted accounting at all since their establishment until now.”
    She explained that “the tax accounting percentage was reduced from (60%) in the year 2014 to (50%) in the year 2018, and later a percentage of (20%) of commissions was approved as corporate profits until 12/31/2020, and in the middle of the current year it was presented The tax accounting for Asia Cell agents is before the attention of the technical committee, which this year hosted a number of authorized directors of companies, and after extensive study, the committee decided that the percentage should be (50%).
    She continued, "The adoption of tax accounting controls according to the aforementioned percentages was in accordance with the decision of the Technical Committee, except that the reduction of the tax to (20%) was based on a circular issued by the Director General of the General Authority for Taxes in the years 2020-2021, which constitutes a legal violation, for not relying on the decision." The Permanent Technical Committee, which studies the issue, based on the previous, current and future economic situation and comparing similar activities, to determine a percentage of profits close to the truth,” calling for “obligating the General Authority for Taxes to find a mechanism to reach the actual sales of the main agents, and not to rely on what the agents provide.” From data.
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