Cabinet approves proposal for the central bank to accept the instruments of private banks to taxes and fees

03/24/2015 17:16



Long-Presse / Baghdad

Iraqi Central Bank announced on Tuesday the approval of the Economic Committee of the Council of Ministers on a proposal to accept the Bank issued for the payment of taxes and fees without a fixed roof banks instruments.

The central bank said in a statement term Press received a copy of "The Economic Committee of the Council of Ministers approved the proposal of the Central Bank of acceptance issued by private banks instruments to pay all taxes and fees."

The bank pointed to "the Commission not to put a specific ceiling for it."

The Iraqi Association of private banks, announced on Monday, the imposition of the Central Bank special program of tax guarantees and customs of goods, as shown that this measure came under the guidance of the Council of Ministers to determine the work of traders and keep them away from illegal transactions in foreign currency smuggling, the Agricultural Bank confirmed that work on This program will reflect negatively on the Iraqi consumer because it will cause rising prices of imported goods.

The Ministry of Finance announced in the December 30, 2013, that the imposition of customs duties on imported goods will be starting from 2014, and by no more than 20% of their value, indicating that the fees will be imposed at all border crossings, including the Kurdistan region.

The Iraqi government has previously announced Amadaha to the application of the customs tariff law gradually and according to a schedule specified, and stressed that the law will include some of the goods.

The Minister of State for Parliamentary Affairs Safa al-Din Safi said in his intervention before the parliament in the (May 11, 2013), "The Iraqi government moving to apply the customs tariff law gradually in accordance with a specific timetable," and expressed fear the government, "the application of the law may result in an increase insane in the prices of food and goods, including income and does not fit the citizen. "


http://www.almadapress.com/ar/news/46045/مجلس-الوزراء-يوافق-على-مقترح-للبنك

Cabinet approves proposal for the central bank to accept the instruments of private banks to pay taxes and fees


Editor Mustafa Saad - Tuesday, 24 March 2015 17:00


Alsumaria News / Baghdad
Iraqi Central Bank announced on Tuesday the approval of the Economic Committee in the Council of Ministers to accept the proposal issued by private banks to pay taxes and fees instruments.

The bank said in a statement received by Alsumaria News, a copy of which, "The Economic Committee of the Council of Ministers approved the proposal of the Central Bank of acceptance issued by private banks to pay taxes and fees of all instruments, without a specific timeframe for it."

He was prime minister for economic affairs adviser to the appearance of Mohammed Saleh announced, in (23 December 2014), that the tax to be imposed in Iraq will be gradually asserting that inflation in the country is universally accepted.

He said the Iraqi National Business Council, in (13 March 2015), new mechanisms central bank capable of creating a banking market in Iraq has supported economic activity, indicating that the banks will take over the work of the taxes levied in accordance with the pricing and detailed tables furnished by the Customs and Excise.

http://www.alsumaria.tv/news/128720/مجلس-الوزرا-يوافق-على-مقترح-البنك-المركز/ar

Cabinet approves proposal for the central bank to accept the instruments of the banks to pay taxes



Tue, March 24 / March 2015 19:26


[Baghdad - where]
Economic Committee of the Council of Ministers announced on Tuesday the approval of the Council on a proposal to accept the CBI issued by private banks to pay taxes and fees instruments.

The central bank said in a statement received by all of Iraq [where] a copy of it, "The Economic Committee of the Council of Ministers approved the proposal of the Central Bank of acceptance issued by private banks to pay taxes and fees of all instruments, and without a specific timeframe for it."

He was prime minister for economic affairs adviser to the appearance of Mohammed Saleh said earlier that the tax to be imposed in Iraq will be gradual, adding that inflation in the country is accepted universally.


http://www.alliraqnews.com/2014-06-14-07-34-14/173446-2015-03-24-16-23-05.html