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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Saleh: 70% of the market and the private sector are {gray} and evade paying taxes

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 278566
    Join date : 2012-12-21

    Saleh: 70% of the market and the private sector are {gray} and evade paying taxes Empty Saleh: 70% of the market and the private sector are {gray} and evade paying taxes

    Post by Rocky Thu 05 Sep 2024, 6:48 am

    Saleh: 70% of the market and the private sector are {gray} and evade paying taxes
    • Time: 2024/09/05 09:15:01
       
    • Reading: 585 times

    [You must be registered and logged in to see this image.]
      
    {Economic: Al Furat News} The financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed the existence of a “grey market” that accounts for nearly 70% of the market or private sector activity, “indicating that this percentage evades paying legal taxes.”
    Saleh said in a press statement, "Taxes constitute in total about (25) percent of the gross domestic product in developed countries, while in Iraq they do not exceed (4) percent due to tax evasion, as the gray market, which is not known to the tax authorities, constitutes a percentage close to (70) percent of the market or private sector activity."
    He added, "While negative taxes, which are cash income subsidies paid to the poor class, constitute (5) percent of the annual gross domestic product, and this constitutes the tax defect that compensates for the difference between the type of tax with the revenues of oil rents."

    [You must be registered and logged in to see this link.]

      Current date/time is Fri 04 Oct 2024, 9:42 am