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


+3
azareus
duck2000
Rocky
7 posters

    Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 268739
    Join date : 2012-12-21

    Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget Empty Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget

    Post by Rocky Tue 12 Jan 2016, 7:04 am

    Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget

     Since 01/12/2016 14:29 pm (Baghdad time)
    [You must be registered and logged in to see this image.]
    Special - scales News
    Said the Finance Committee in the House of Representatives member Hossam punitive, Tuesday, on the need to activate the collection of fees and taxes in the joints of the country and the collection of rents in the state fair, noting that the collection of this money will solve 20% of the budget.
    He said the punitive L / scales News /, "The government should think of serious solutions down fiscal revenue because of falling oil prices in the global market," pointing out that "this crisis real with the escalation of increased production and export of oil, due to oversupply on the one hand and oil policies intended by some countries, including Saudi Arabia. "
    He stressed "the need to deal with this crisis as a real government and people of the crisis," pointing to "the need for attention to the collection and the collection of all non-oil revenues, through the activation of the customs tariff, and the emphasis on taxes, fees, and rents for the state, and all what is in the interest of the treasury of the Federal State , and this accounts for 20%, which is registered in the budget of 15%, but if these conditions obtained the 20% will replace us. "
    Oil is the main source of income for the budget in Iraq, as revenues constitute approximately 90% of the total financial budget.
     
    But the drop in oil prices led to a significant budget deficit in the country, prompting the government to increase production in order to reduce the deficit, external borrowing, which always warns him supreme religious authority and economic experts.
    While government officials calling for diversifying sources of income and activation of agricultural and industrial production sectors and Alzeraib, fees and customs, rather than relying on oil.
    He revealed to the economic and investment commission in parliament member Ahmad Kanani, L / scales News /, the existence of corruption in the collection of fees and taxes process, stressing the need to develop new ways to collect funds and private land ports. / Ended 29 n / 10
     http://www.mawazin.net/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D9%86%D9%8A%D8%A7%D8%A8%D9%8A%D8%A9-%D8%A7%D9%84%D8%B1%D8%B3%D9%88%D9%85-%D9%88%D8%A7%D9%84%D8%B6%D8%B1%D8%A7%D8%A6%D8%A8-%D9%88%D8%A7%D9%84%D9%83%D9%85%D8%A7%D8%B1%D9%83-%D9%88%D8%A5%D9%8A%D8%AC%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A9-%D8%AA%D9%85%D8%AB%D9%84-20-%D9%85%D9%86-%D8%A7%D9%84%D9%85%D9%88%D8%A7%D8%B2%D9%86%D8%A9
    duck2000
    duck2000
    Interacting Investor
    Interacting Investor


    Posts : 2934
    Join date : 2012-12-21

    Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget Empty Re: Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget

    Post by duck2000 Tue 12 Jan 2016, 7:07 am

    hmm .. so the tariffs didn't start! LOL  lol!   hi   hey az   laugh
    The author of this message was banned from the forum - See the message
    The author of this message was banned from the forum - See the message
    wciappetta
    wciappetta
    NNP TEAM
    NNP TEAM


    Posts : 5298
    Join date : 2012-12-20

    Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget Empty Re: Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget

    Post by wciappetta Fri 29 Jan 2016, 12:04 pm

    Well they attempted to start it, Basra reported a zero sum gain because the Kurds refused it and the goods that used to go through Basra now are imported through Kurdistan.  Without the electronic ability to transfer funds to the treasury this tariff system seems doomed to fail. It seems like they're putting the cart before the horse.

    I believe the electronic mechanism ie software is part of the IMF global engagement/linkage . I try to imagine how costly it would be and how corrupt it would turn out to rely on the physical movement of actual cash? If that system was fully functioning now there would be no liquidity issues in country as we commonly read about. So IMO without this system in place it's rowing against the current even with their good intentions .


    _________________
    [You must be registered and logged in to see this link.]In the beginning was the Word, and the Word was with God, and the Word was God.... For from His fullness, we have all received and grace upon grace. For the Law was given through Moses; grace and truth came through Jesus Christ. No one has ever yet seen God. The only begotten God, the One being in the bosom of the Father, He has made Him known. - Berean Literal Bible
    duck2000
    duck2000
    Interacting Investor
    Interacting Investor


    Posts : 2934
    Join date : 2012-12-21

    Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget Empty Re: Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget

    Post by duck2000 Fri 29 Jan 2016, 12:43 pm

    azareus wrote:They have started the tariffs. Hey duck.  Lol
    [You must be registered and logged in to see this link.]
     
    Wednesday January 27, 2016 17:47
     
    [You must be registered and logged in to see this image.]
     
     
    Alsumaria News / Basra
    Committee announced the border crossing points in the Basra Governorate Council, on Wednesday, falling land and sea ports revenues in the province to zero due to suspension of the introduction of imported goods as a result of the application of the tariff law operations, while the General Company for Ports confirmed that the commercial ports has been paralyzed due to the application of the law. 
     


    The Chairman of the Committee of border crossings Morteza cream lipodeca in an interview with Alsumaria's News, "The tariff law went into effect three days ago at all land and sea border crossing points located in the province, it has led to the decline of financial revenue to the zero level, and become almost non-functional as a result of the reluctance of traders to import goods from which, "noting that" a lot of traders and importers of the people of the southern provinces went to the Kurdistan region to introduce their goods through border outlets because the tariff for Aitbak the law. "

    Lipodeca and pointed out that "the provincial council is taking a decision not to apply the tariff law in the province outlets what the Kurdistan region did not abide by its application in the border outlets," adding that "The Council also plans to present a legal complaint against the federal government, in addition to filing a complaint to the religious authority because the case threatens the Iraqi economy, which is suffering primarily from a severe financial crisis caused by falling oil prices. "

    For his part, the Director of the Department of Relations and Information of the General Company for Ports Tigers Abdel Moneim Safi said in an interview with Alsumaria News's, "The commercial ports stagnated due to the application of tariff law," explaining that "ships stationed in the waiting area within the territorial waters of Iraq began rejects go to the ports to unload their cargo, and the imported goods took piling up at ports because traders fail to accomplish out transactions under the new tariff law, and ponder that the government back down on the application of the law. "

    Net and stressed that "the Ministry of Transport to fully briefed negative developments that have taken place on the reality of ports as a result of the tariff increase," adding that "the General Company ports will be hurt economically strongly from the current situation if he continued".

    The Ministry of Finance has decided to early November last month to start applying the tariff law and increasing the sales tax on imported through all border crossings of goods, leading in time to the injury of border crossings in Basra complete paralysis pay the provincial council to make a decision to wait in the application of the law.

    Then Prime Minister Haider al-Abadi issued a similar decision, but the General Budget Law for the current year 2016 included an article stating on the application of the tariff law and increase the sales tax at all border crossing points, including that fall within the province of Kurdistan, which threatens the emergence of a new dispute between the local government in Basra, which refuses to apply the law, and the federal government, which insists on its application motivated to achieve additional revenue alleviate the financial crisis.
    duck2000
    duck2000
    Interacting Investor
    Interacting Investor


    Posts : 2934
    Join date : 2012-12-21

    Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget Empty Re: Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget

    Post by duck2000 Fri 29 Jan 2016, 12:55 pm

    guess more reading was required! hmm?? lol
    CITEX
    CITEX
    Insane Investor
    Insane Investor


    Posts : 889
    Join date : 2012-12-20
    Age : 55
    Location : Grapevine Texas

    Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget Empty Re: Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget

    Post by CITEX Fri 29 Jan 2016, 12:58 pm

    duck2000 wrote:guess more reading was required! hmm?? lol


    It always is for me.... seems like I am always seeing/learning something new, that I thought/assumed was already done....

    Fun with dynamic news information huh...
    duck2000
    duck2000
    Interacting Investor
    Interacting Investor


    Posts : 2934
    Join date : 2012-12-21

    Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget Empty Re: Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget

    Post by duck2000 Fri 29 Jan 2016, 1:19 pm

    I allways enjoy it because I seem too stay on top of the news ! LOL
    duck2000
    duck2000
    Interacting Investor
    Interacting Investor


    Posts : 2934
    Join date : 2012-12-21

    Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget Empty Re: Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget

    Post by duck2000 Fri 29 Jan 2016, 1:21 pm

    there is a list of requirements  TYPES of imports dat Iraq needs to become WTO compliant! cars and rice aint it no ! LOL

    Sponsored content


    Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget Empty Re: Parliamentary Finance: duties, taxes and customs, and the state leases represent 20% of the budget

    Post by Sponsored content


      Current date/time is Wed 24 Apr 2024, 3:48 am