Tax Authority: 3.8 trillion of our revenues in 2020

Tax Authority: 3.8 trillion of our revenues in 2020

Economy | 08:01 - 27/02/2021


Baghdad - Mawazine News
The General Tax Authority revealed, on Saturday, the volume of its revenues during the year 2020, which amounted to three trillion and 800 billion dinars, an increase of about 23% over the revenues of 2019, which amounted to 3 trillion and one hundred billion dinars.

Regarding the new mechanisms for expanding tax imports, curbing tax evasion and electronic automation, the General Director of the General Tax Authority, Shaker Mahmoud Hussein, said: “After increasing the tax revenue, the authority developed several options, some of which were included in the white paper presented to the government, including the imposition of additional taxes on luxury goods such as Tobacco, cigarettes, alcoholic beverages and imported cars, including what has been proposed within the federal budget, such as sales tax on massage, beauty and haircut centers, malls and major shopping centers, as well as updating the controls for real estate construction, as it is currently estimated to be much less than the real market prices, all of which will affect the result when approved In increasing the tax revenue. "

Regarding the electronic system adopted in taxes and the implications of increasing taxes on the state’s economy, Hussein said: “There are electronic sub-systems currently operating in the authority, including the tax trusts system, the income taxpayer system, the company registration system, the quotes system, as well as customs permits and other systems, but the commission seeks and within Its future plans are to establish a comprehensive electronic system that adopts electronic automation in conducting tax accounting for taxpayers, in addition to the possibility of electronic payment through the payments system to ensure equality and transparency among all taxpayers.

Hussein stressed that "the General Tax Authority’s endeavor to increase the tax revenue comes to supply the state’s public treasury with money to meet its expenditures and rotate the economy in general, but at the same time it targets the affluent segments of the taxpayers and moves away from the poor and relieves the middle-income brackets according to what they allow." Laws and instructions in force. "


Regarding the issue of tax evasion and the authority’s plans to reduce it, Hussain explained, “The authority has consistently worked through joint work with several departments and institutions to reduce tax evasion, by adopting the currency auction transfers received from the Central Bank and the customs declaration system in cooperation with the Customs Authority and the quotes system. The tax incoming from the state’s departments with the aim of boycotting it with the information and financial data provided by the taxpayers to find out cases of tax evasion, in addition to the authority’s branches conducting a field survey for several activities with the aim of identifying cases of tax evasion, and within the Commission’s plan to exchange information through electronic linking with the ministries The departments and institutions have taken the first step in achieving this through the digital communication platform between the Authority and the Real Estate Registration Department.





This platform has been successfully tested in two tax branches, namely the Karrada and Karkh Central branches, and it will be circulated to the rest of the Authority’s branches in preparation for linking this platform with the rest of the departments and institutions ".

Hussein stressed that "the new mechanisms to be implemented to improve the level of tax performance and tax proceeds do not target the poor segments, but rather the affluent segments with financial efficiency, and among the authority’s plans is to work on implementing everything that would provide facilities to citizens and reduce cases of tax evasion, including the application of the authority." And in coordination with the real estate registration departments in Al-Karkh and Karrada through a miniature electronic system that aims to simplify the procedures for sending transactions to the Real Estate Registration Department by adopting the password mechanism, as this mechanism was applied in the Al-Karkh and Karrada branches and achieved great success, and one of the advantages of this application is that it prevents cases of fraud And manipulation and limits the review of brokers and commentators, and work is underway to expand the application of this mechanism to include all our tax branches in Baghdad in preparation for its application in the governorates. "Ended 29 / A




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