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To diversify fiscal revenues coordination of services and goods taxes stimulate investment

Rocky

Rocky: Admin Assist; Posts : 278526
Join date : 2012-12-21

Post n°1

To diversify fiscal revenues coordination of services and goods taxes stimulate investment

by Rocky Sat 02 Jul 2016, 3:07 am

To diversify fiscal revenues coordination of services and goods taxes stimulate investment

7/2/2016 0:00

[rtl] BAGHDAD - Imad Emirate
stressed economic academic Dr. Emad Mohammed Ali al - Ani of the Faculty ofAdministration and Economics at the University of Baghdad , the need for tax reform in acomprehensive manner and to move away from partial reforms by broadening the tax college Qaeda and rationalize the structure of the tax categories and dissemination of tax abatements and coordination of taxes on services with those imposed the goods.
«the taxes essence foundation in organizing the fiscal course of the state as one of themain sources of public revenues necessary to fund government spending on goods and services needed by the community to represent and seek governments to make the tax system has more efficient because of this system of importance in determining the role of the state in economic activity and social life ». the tax base , said Ani« morning »on the issue of broadening the tax base Fbalamkan find new types of taxes as well as thereform of some existing taxes including value added tax , as it is necessary to use aneffective step to bring about the expansion of the tax base and that the process capability for this kind of tax to generate revenue, because it is imposed on theconsumption it contains compel consumers mechanism (taxpayers), and therefore, the administrative cost him a relatively low compared with other types of taxes, it 's also an important investment incentive because it is aimed at the consumer's spending rather than investment spending. he said the problem in this kind of tax that does notdifferentiate between income segments, it is known that low - income owners are spending a large part of their income on consumption of basic goods compared with thehigh earners means carrying that slide burdens biggest tax for this type of taxes. he proposed Ani try to remedy that problem through the exception of some commodity groups that are frequently consumed by the owners in, that accompanied the imposition of sales on some luxury goods , depending on the internal flexibility , as happened in Southeast Asia, and many developing countries adopted a modified or more VAT rates in order to achieve justice among some taxpayers pay. it confirms Ani continued suffering of Iraq than double the effectiveness of the tax system in place that has caused many of the imbalances , both in the structure of public revenues , or in macro - economic variables or aggravate the budget deficit and the spread of its effects on the overall economy. customs taxes and stressed the need for the customs tax reform by raising the effectiveness and efficiency of customs administration , which will enhance thesuccess of foreign trade policies in developing exports and attract investment in theprovision of appropriate customs revenues that contribute to ease the budget deficit outcome. the project reformist Ani between the importance of the based customs tax reform on the axes head of which the development of customs laws in line with modern customs work systems , the global business climate and developments in response to the decisions of the World trade Organization, calling for action on the removal of all distortions in the structure of tariffs in line with trend economic, investment and trade policies in the project Iraq, stressing the need to simplify customs procedures and adopting the style of selective censorship in order to reduce the cost of economic transactions , including working to increase productivity, reduce evasion of customs.resource development Ani stressed the need to develop custom development of human resources management, staff development programs , including faddish in force in thecustoms procedures and international expansion in the use of computers and automated information technology and the reduction of paperwork, as well as activating the taxes on previously known car ownership b »car annual» which can generate good revenue, which is similar to a tax environment imposed by some Western countries for environmental protection, and to continue the imposition of taxes on mobile phone , which represents agood step to achieve the tax revenue from these investments. Ani He concluded bycalling for benefiting from international experiences in this field , where deliberately developing countries to broaden the tax base by turning it from a narrow pot of taxes on foreign trade to the broad bowl on consumption and domestic spending, and this in itself ensures expand goods and services subject to taxation, as these countries have resorted to imposing a tax on retail.[/rtl]

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