Economic: chaos import and behind the lack of identification of private sector

Economic: chaos import and behind the lack of identification of private sector




03/25/2013 12:00 am

Called to grant tax holiday standing 10 years
BAGHDAD - Hussein Tgb Tamimi
Stressed an economist on the need to move towards economic reforms in all sectors through the provision of an appropriate environment for the start of the business effectively away from the routine and determinants that affect negatively nor catalysts economy forward, demanding that begin reforms examines the reality of customs tariffs and the challenges and difficulties facing the application, noting that one of the most important reasons for tax evasion is not to determine the identity of the real private sector.

He explained the economic advisor in the Iraqi National Business Council Daoud Abdel Zayer that the private sector now depends several methods for tax evasion does not view evade them, but to get rid of the deadly routine in dealing with transactions tax Vtgda cites his goods by different names in order to facilitate the entry of his goods, but did not hide the problems caused for these methods promise Balarahm of taxes and delayed routine, and demanded Zayer granting the private sector tax holiday for ten years in order to determine the true identity of the private sector and to ensure smooth flow of taxes in a civilized manner and equal economic activities. Believes that the tax holiday has a lot of pros will provide an area to achieve true economic development and organize the work of the private sector in the internationally established contexts in handling and settling accounts tax.

He pointed out that Iraq is a country rich in natural resources of different collection provinces, and oil revenues are funded President of the general budget in the general budget support, front regarding tax collection and customs, they do not constitute Xia at the moment and its impact only on the standard of living of citizens that this income is reflected on Akiem imported goods movingly of income for the country this year, but in terms of the economic embargo and have to be taxes and customs as a catalyst for economic construction, and not to be the death paid at the beginning of it imported in the end it consumer, nor can adopt the trend towards collecting money key factor to build our country's economy and the development of the economic process.
He Zayer importance of studying the application of the customs tariff on all sides so do not represent a shock to the consumer higher prices, and must do a process of transition for the purpose of application of tariff law according to calendar Kmarkip thoughtful and balanced in terms of customs in stages for the purpose of not disrupting the market with assessment surveys and studies and statistics regarding resources import of by relevant departments such as import licenses and the GCT.

He Zayer to the importance of inventory materials entering the country through the border crossing points through the relevant departments, including the General Authority for Customs for the same purpose above and industrial development both what remains of the plants within the country and for the purpose to take advantage of this law and stimulate the industrial sector at the same time we must work this calendar in coordination with plants operating, seminal completed in the near future to encourage planning market need of the products are then impose customs tariffs on the same material elected by the industrial sector at home and the purpose of obtaining the maximum amount of the provision of goods imported بتعويضها produce Local same specifications, and here there must be a comprehensive study of resources imported from abroad and covered by the customs tariff law and to encourage private industry to establish a factory for the purpose of providing local product high-specification and compensate for the importer and then customs tariff is imposed on the material covered including Benah above.

He added for the purpose of completing this project in parallel must relevant departments such as the Industrial Bank and Industrial Development and all other departments related work to support these projects are economically feasible real and clear through the initiative of industrial or soft loan from the Industrial Bank the other hand must work state and in conjunction with the private sector sector to provide free zones to facilitate ordered the importer to non-payment of taxes and customs prior to marketing the product and imported consumer and in this way be determining the value of profits by the merchant only on capital goods excluding taxes and customs and this leads to reduction of the selling price and the result consumers benefit in the case of non-marketed goods by the importer to the unwillingness of the market they are free goods by the trader to be exported and re-photographed for other state and in this way we have we protect the consumer and importer Iraqi economic loss including offers for this is a summary of the application of this program.
He said in his closing remarks that the private sector is ready to build an industrial city free private every available industrialists were all the ingredients for success and providing plant required and equipment needed to achieve economic development, stressing the need to support the relevant authorities to contribute to building the economy of Rezin.

Zayer participate opinion representative of the Association of Iraqi banks in the economic affairs committee of the Cabinet should be granted tax holiday in order to facilitate the flow of work and challenges and follow-up diagnosis by routine unrestricted trade.
Said Nawzad dry in an interview for the morning that the process of organizing taxes need to be reviewed as it is also required to reconsider the laws in force and no longer require mechanisms Links to regulate trade and identify Sunni tax evasion for reasons related protein dealing with taxes, and stressed the importance of taxes in redistributing national income but he wondered whether that tax revenues equal to expenditures. He pointed to the importance of giving the private sector the opportunity to contribute to the process of real development.

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