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It required the establishment of a unified database


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It required the establishment of a unified database

Post by rocky on Mon 07 Mar 2016, 2:39 am

It required the establishment of a unified database

3/7/2016 0:00

BAGHDAD - Hussein al - Tamimi Tgb

considered private banks and the General Authority for taxes ways of cooperation and overcome the problems that adversely affect the banking and start a new stage of cooperation achieved economic feasibility effective for the country in light of the financial crisis experienced by Iraq.

Manager dialog , executive director of the Association of Iraqi private banks Ali Tariq , who He said within it that this meeting comes in light of the government 's support to the private sector and facilitate the tax measures. tax obstacles and pointed out that the Association statutory body working on the convergence of views between the private and government institutions , the banking sector, and the first step to work towards this meeting direct with the Commission General taxes to determine the tax obstacles that bedevil the workflow, listen to the views of the concerned Authority to put forward by representatives of the banks. integrating go talk to the President of the Association meek ​​Handal said , the stage through which the country needs to achieve integration in the labor adoption of best accounting standards international advocated by the World Bank. He noted that direct dialogue with the Commission will help us to reach the points the task of understanding, which was introduced a number of outstanding issues with the tax that articulated by representatives of the Commission, it was agreed to meet with a complement another during the coming days to work to overcome all things pending the adoption of legal formulas. unification of banks and stressed that the unification of the voice of private banks , helping them to extract important decisions serve the building of the Iraqi banking house , which is the backbone of the development process sought by Iraq in all production and service sectors, indicating that presence with private institutions in friendly dialogues directly contribute to achieve smooth high to carry out business. legal rights , Director General of the General Authority for taxes successful Abbas Ali talked about the overall problems with the private banking sector, indicating the importance that the parties gets the legal their rights, and that the body has controls operate under the completion of transactions involving the banking sector, then heard to the banking sector 's problems represented by the allocation of bank branches in the hot and loans areas granted there, as well as the tax disparity between the center and the region and direct deduction, as well as receiving special banks and civil instruments. as to stop a party meeting when accounts Zain where there is a problem between the Commission and the company , and there accounts in private banks has been reserved amounts, where he pointed out that the Commission applied to all legal measures in this regard. tax allowances and referred to the tax allowances and they change according to the federal budget laws and every change in the allowed deduction change, pointing out that the difference in the tax deduction between province and the center a political issue more than economic. it was important that there be coordination at a high level between the banks and the Authority and the Central Bank of Iraq, indicating that the meeting of the body made ​​it possible to listen to the views and problems between the two sides, said work to solve all the problems in the long near. mutually beneficial returned Handal to say that the mutual interest between banks and taxes , and in the interest of both parties to adopt international accounting standards, a proposal to hold meetings quarterly between the two parties to help overcome the problems, has also been put forward the idea of creating a unified database between central and taxation and its role in overcoming many of the obstacles between the parties of the process.

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