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New taxes on Iraqis after the adoption of the budget of 2018


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Economist: Budget taxes will result in reduced income and the value of the dinar

 

 Since 2018-03-06 at 13:18 (Baghdad time)

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Baghdad Mawazine News

The economic expert, Salam Samisem, on Tuesday, the taxes in the budget will lead to the reduction of income and the value of the dinar, stressing that it will be a burden on citizens.

"After taxing, the Iraqi citizen has become a victim of double taxation," Samisem told Mawazine News.

She added that "the Iraqi individual is covered by the income tax that will be paid by the employee and pensioner and the gains, which range between 3-15% and this is a direct tax."

"There are consumer taxes that will be a burden on the citizen too, which will pay the tax twice," she said.

The expert stressed that "the tax will reduce the real value of income and therefore will be a new inflationary wave will affect the price levels in Iraq, then the real value of the Iraqi dinar will fall."

The Iraqi government announced that it will impose additional taxes on a number of products in the budget for the year 2018 to get one trillion dinars, indicating that every five employees are to retire will replace one employee, saving 600 billion dinars.

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Budget taxes will reduce income and the value of the dinar and will be a burden on citizens

06-03-2018 01:51 PM    
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image.php?token=861413dbbb8704bb6dbb0bc056544c03&size=
 

Baghdad News -

 

 

The economic expert Salam Smisem, on Tuesday, taxes in the budget will lead to reduced income and the value of the dinar, stressing that it will be a burden on citizens. 

"After taxing, the Iraqi citizen has become a victim of double taxation," Smisem said. 

She added that "the Iraqi individual is covered by the income tax that will be paid by the employee and pensioner and the gains, which range between 3-15% and this is a direct tax." 

"There are consumer taxes that will be a burden on the citizen too, which will pay the tax twice," she said. 

The economic expert, "The tax will reduce the real value of income and therefore will be a new inflationary wave will affect the price levels in Iraq, then the real value of the Iraqi dinar will fall."

The Iraqi government announced that it will impose additional taxes on a number of products in the budget for the year 2018 to get a trillion

dinars, indicating that every five employees are to retire will replace one employee, saving 600 billion dinars

 

http://www.baghdadnews.info/index.php?page=article&id=33284

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Baghdad / Al-Ghad Press:
A member of the parliamentary finance committee, Jabbar al-Abbadi, said Tuesday that the government's resort to imposing taxes came to cover the expenses of the budget deficit this year. 
Abadi said in a statement to Al-Ghad Press that "the taxes imposed on some materials came from the government at a rate of 10%." He pointed out that "the House of Representatives objected and excludes food items from taxes and shortened them to the rest of the articles and reduced the tax rate to 5% .
"The tax should be a special law and not a budget, but the government's policy is not to impose taxes in general and shorten it to a single budget, but because of the current situation of the economic crisis forced to impose this percentage of taxes." 
Abadi said that "the government resorted to increasing non-oil revenues to cover expenses and pay the deficit in the budget," noting that "the government and after the financial situation of its predecessor, it is possible to cancel taxes because it ends with the end of the budget."
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The Iraqi government is turning to taxes to compensate for the money

The Ministry of Planning confirmed that the government has turned to activate the tax sector and turn it into a productive sector of the national economy.

"The deductions from the salaries of the state employees, amounting to 3.8 percent, are part of the budget deficit," ministry spokesman Abdel-Zahra al-Hindawi said in a statement Tuesday. "The cancellation of this deduction will constitute a vacuum that taxes are seeking to fill." 
He added: "the tax sector represents one of the important sources of financing of the general budget." 
did not Hindawi determines the resources to be provided by taxes, due to the application of tax regulations accurately all the outputs of the economy in Iraq. 
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A spokesman for the Ministry of Planning Abdul-Zahra al-Hindawi said on Tuesday that the tax sector represents one of the important sources of funding for the general budget, pointing out that the government is moving towards activating this sector and turning it into a productive sector of the national economy.
He said that the deductions that were obtained from the salaries of state employees, amounting to 3.8%, fill part of the deficit that affects the public budget and that the cancellation of this deduction will form a vacuum seeking taxes to fill it.
Hindawi was unable to determine the resources to be provided by taxes due to the failure to “apply tax systems accurately to all the output of the economy in the country,” as he put it.
He called for the need to combat corruption and tax evasion by any means, because the control of tax revenues will provide the general budget with different resources.

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A spokesman for the Ministry of Planning Abdul-Zahra al-Hindawi said on Tuesday that the tax sector represents one of the important sources of funding for the general budget, pointing out that the government is moving towards activating this sector and turning it into a productive sector of the national economy.
He said that the deductions that were obtained from the salaries of state employees, amounting to 3.8%, fill part of the deficit that affects the public budget and that the cancellation of this deduction will form a vacuum seeking taxes to fill it.
Hindawi was unable to determine the resources to be provided by taxes due to the failure to “apply tax systems accurately to all the output of the economy in the country,” as he put it.
He called for the need to combat corruption and tax evasion by any means, because the control of tax revenues will provide the general budget with different resources.

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Exclude 4 food items from sales tax

   
 

 
 


11/3/2018 12:00 am 

 
BAGHDAD / Tareq al-Araji  The General Authority for Taxation has ruled out the exclusion of 4 foodstuffs from the sales tax imposed in the budget, while denied the addition of any tax deductions on the salaries of employees and retirees and only the previous deductions and on the basis of nominal salary. The Director of the General Authority for Taxes, successful Abbas Ali, For "morning" will be published later: "The Commission was keen to exclude materials of rice, flour, oil and sugar from the sales tax, amounting to five percent within what was approved in the state budget for the current year," explaining that "this measure came to the importance of those materials as they relate to food security Citizens ". 
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Editorial Date: 2018/3/11 9:19 • 246 times read
Exemption of food items from sales tax in the budget
{Baghdad: Al Furat News} The General Authority for Taxes announced the exclusion of 4 foodstuffs from the sales tax imposed in the financial budget for 2018.
The director of the General Authority for Taxation, Abbas Ali, said in a press statement that "the Authority was keen to exclude materials of rice, flour, oil and sugar from the sales tax, amounting to five percent within what has been approved in the state budget for the current year." 
She explained that "this measure came to the importance of these materials as they relate to the food security of citizens." 
She denied "adding any tax deductions to the salaries of employees and retirees and only the previous deductions and on the basis of nominal salary."
The House of Representatives voted in favor of the draft of the financial budget for 2018 on March 3, and Article 17 / III - A- (a 5% sales tax applies to all goods sold except the ration card items in Malls, Provided in the salons of men and women and all the parties referred to the acquisition of electronic machine Kashir. "Finished
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Editor Hossam Al - Khafaji - Monday 12 March
 
 
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Alsumaria News / Baghdad 
"Taxes and collection" are two main parts of the revenues of capitalist countries, which rely mainly on the market economy, and imposed in proportion to the nature of the economic situation and services provided to citizens, to be the governments of those countries "transparent" with taxpayers and the fate of spending each of them, In Iraqdid not receive the required follow-up, considering that Iraq is a country rich in oil. 

The tax policy began in Iraq in 2016, where it has adopted a large budget within its budget after the drop in oil prices and for the purpose of increasing non-oil revenues, faced with the rejection of economists, citizens and traders, and referred to it as "arbitrariness, corruption and manipulation of privatization" "He said.

 

 


The International Monetary Fund has requested Iraq as part of its recommendations in the experts report on the consultations of Article IV of 2017, and the second review under the three-year credit readiness agreement to create financial space to promote human capital and rebuild the physical capital in Iraq by increasing tax revenues Oil and the reduction of public consumption is very high. 


Taxes imposed "arbitrariness of government corruption , "

says the head of the economic center Dergham Mohammed Ali, Alsumaria News for, " The taxes in Iraq imposes a qualitative, and away from any improvement in the economic reality in flaccid corruption state, and without transparency , " he said, adding that "there is a slouch in Government spending versus declining job opportunities, income levels, poor services and lack of prospects for reform. "


According to Ali, "the additional taxes in Iraq are considered a kind of arbitrariness and corruption in the performance of government, not revenue worthy of the state," noting that "they distinguish the class of politicians and surrounded by privileges non-arrogant and wasteful and not pursue economic development methods." 


Taxes without a new problem borne by the citizen services

economist Hilal Tahan says Alsumaria News for, " The tax is a double-edged weapon needed the extent of the Iraqi state has as an oil country depends 93% on imports, other revenues constitute only 7%."


"The imposition of these taxes without the presence of services like other countries in the world is a problem borne by the citizen," Tahan said. "The tax imposed by the government on the professions and trades is transferred to the citizen who will be burdened, so the state should impose these taxes gradually, In parallel with the provision of basic services to citizens. " 


According to IMF experts under the three-year credit agreement agreement on Article IV 2017 consultations, the Iraqi authorities should prepare measures in 2018 to reduce the initial non-oil deficit measured on an accrual basis by 2.3 trillion dinars and make the adjustment of public finances Slanted towards non-oil revenues and ongoing expenditures.


The IMF called on Iraq to begin preparing the following measures to finalize them during the third review, in time for inclusion in the 2018 budget, including the imposition of relative taxes or low quality on a few additional products or services (with a view to increasing taxes) Indirect by one trillion Iraqi dinars in 2018). 


A maximum limit for non-wage compensation (allowances, surcharges and others) of IQD 350,000 (about US $ 300) per month for all civil servants, which could save about IQD 0.5 trillion, or approximately 3% of the service fee Civil status, is borne by a quarter of the civil servants who receive the best wages. 


In addition to replacing five retired civil servants with one staff member, resulting in savings of 0.6 trillion Iraqi dinars in 2018.


The Iraqi government raised the price of taxes in the current year budget 2018, including alcoholic beverages by 200%, import of cars by 15% and real estate tax by 12%, and introduced other taxes, including the tax of sweetened drinks by 10 cents and the taxes of hotel services and communications 10-15%. 


"Taxes

imposed on many goods such as alcoholic beverages, juices, refreshments, barbershops, malls, mobile cards and the internet service come to tame the citizen on privatization projects," MP Joseph Salihou told Alsumaria News. 

"The start of imposing taxes should be matched by the provision of services, not what we see as a clear decline in the basic services provided to citizens," Saliyah said. "The budget in its current form is not convincing."

As part of the recommendations of the International Monetary Fund in the Experts' Report on Article IV Consultations of 2017, budgeted transfers to the electricity sector will be reduced by one trillion Iraqi dinars in 2018. This can be achieved through specific measures to improve the rate of collection or raise the electricity tariff. 


Budget of 2018 "loans and taxes excellence"

Member of the Committee on Economy and Investment Representative Abdul Salam al-Maliki, the federal budget for the current fiscal year as "budget loans and taxes excellence," pointing out that "Article 14 of the budget included loans and taxes by 13 trillion dinars," noting that " The House of Representatives when he passed the budget has worked to pass them in particular directions and ways of legitimacy. "


Maliki pointed out that "the government has other outlets through which you can get revenues to the budget more than you get from the imposition of taxes," explaining that "there are unnecessary tabulations of the budget can be canceled or reduced instead of burdening the citizen with new taxes, especially that the situation in the market suffers Recession". 

He added that "the government has followed the method of paying damage to other damage borne by the citizen through the mechanisms developed by the budget." 


Traders: taxes is unfair

says the owner of one of the shops in Baghdad's Alsumaria News, said that " the tax in Iraq is unfair because it imposes on certain goods without the other, as they impose on certain professions without the other." 

He believes that "some taxes were imposed without study and consultation with the concerned bodies, the Baghdad Chamber of Commerce," pointing out that "some taxes exceeded the limit."

"The increase in taxes and taxes created in the current year 2018 budget will lead to economic stagnation in general despite government statements that it will support the private sector in Iraq," said trader Mohammed al-Hassani. 

Al-Hassani described the taxes imposed on the trader as "theft" as "the trader's profits are paid to the government by providing poor services." 

For their part, rejected a number of citizens met with Alsumaria News, the imposition of any tax at this time, which is considered as "the worst times" experienced by the Iraqi citizen of displacement and unstable security conditions stable and unemployed. 

Including "citizen Mohammed Hamza," who said that "the government raise taxes for some services could be acceptable to the citizen if those services are of a high quality."



The House of Representatives voted in its session held on Saturday (March 3, 2018) on the federal budget for the current fiscal year.

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Alaq from Erbil: The delegation of the federal government is working on coordination with the region to unify taxes
 
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Economy News _ Erbil

The governor of the Central Bank of Iraq Ali Alak, on Monday, that the delegation of the federal government, which is visiting Erbil is currently working on coordination with the Kurdistan region to consolidate taxes, while confirmed the readiness of the bank's branch in Kurdistan to pay the salaries of employees in the event of an order from Prime Minister Haider Abadi.

Alaq said in a press conference held in Erbil and attended by "Economy News", "The visit of the delegation of the federal government Erbil aims to meet with the Minister of Finance of the Kurdistan region to coordinate on the collection of taxes and standardization and remove problems in this area," noting that "the delegation works to activate the role of the bank Central in the Kurdistan region. "

"We are working to reach an agreement on this issue tomorrow to facilitate banking operations in the Kurdistan region," he said, adding that "the central bank branch in the region is ready to pay the salaries of employees in the event of an order from the Prime Minister (Haider Abadi)."

A delegation from the federal government, headed by the governor of the Central Bank of Iraq Ali Alaak, on Sunday, to Erbil to discuss financial files with the Kurdistan Regional Government.

http://economy-news.net/content.php?id=11519

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An economic expert speaks to Mawazine News about the solution to address the budget deficit

 

 Since 2018-03-17 at 11:57 (Baghdad time)

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Special - Mawazine News                          

The economic expert Salam Smisem, Saturday, that the activation of the file "domain" will address the budget deficit 2018, calling for a review of space personnel, as happened in the Kurdistan region.

It is noteworthy that the domain, is a piece of land and real estate belonging to the state, which the government to sell or lease and obtain their imports.

"The activation of the domain is necessary to address the deficit of the budget in 2018, through the imports of the sale and lease of these lands and real estate," she said in an interview with Mawazin News, adding that "the state deliberately shelve this file while all the countries of the world are working on it" .

She added that "the deficit found in the budget was caused by the presence of large numbers of astronauts, and the large numbers of administrators, which amounted to more than 3,000 managers, and this is an administrative slack, and the salaries of parliamentarians and retirees from the previous sessions is a strain on the state because they make up 75% Current expenditures ".

She called on Samism to "reconsider the presence of space personnel, as happened with the staff of the region," noting that "there are not a few of the staff of Parliament and the relatives of parliamentarians and government officials, which is a burden on the budget."

She pointed out that "the government imposed taxes on the budget in 2018," pointing out that "these taxes will work to raise the level of inflation, because it will hurt the consumer segment that drives the economy."

The total ceiling of the budget of 2018 is more than the budget of 2017, where the rate of deficit in the new budget about 20% or 22 trillion Iraqi dinars.

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Specialists: Customs duties are key to economic development

 


19/3/2018 12:00 am 

 Baghdad / Hussein Thugb  
welcome from the public and private sectors to the measures of the Council of Ministers aimed at protecting the national product, Adin that the activation of national industry the most important axes of economic development sought by Iraq in light of the availability of the ingredients of national production, 
Ministry of Industry and Minerals announces new government decisions to protect local products and address dumping of imported products The 
director of the media and public relations center in the ministry Abdulwahid Alwan Al-Shammari said that "the Ministry of Industry and Minerals succeeded in harvesting the fruits of its efforts and sound plans to promote the local industrial reality and achieve tangible achievements added to the series Achievements over the past period with new decisions to support national industry and local production. " Corporate Products



He pointed out that "the Council of Ministers recently voted on a number of resolutions containing protection requests for a number of products of companies in the industrial sector, public and private and mixed, noting that the Council of Ministers ratified the protection of the products of distribution transformers and the capacity and electrical measurements produced in Diyala General impose an additional customs duty by 10% Of the value of the unit of measurement of the mentioned products imported to Iraq from all countries and originators and obligating the Ministry of Electricity to purchase these products in a systematic manner. The imports of the white sugar product were also covered on the condition of obtaining the import license from the General Company for Exhibitions and Commercial Services Whether the importer is an official or a mixed or private sector  
. "
The cabinet also voted to impose an additional customs duty of 28 percent of the value of industrial sponge and an additional customs duty of 20 percent, and a customs duty of 82 percent of the unit of measuring the product of imported energy drink to Iraq from all countries and originators for four years without reduction. Local manufacturing deputy economic head of Baghdad , a forum on behalf of Jamil Antoine said that " the imposition of tariffs on manufactured materials is the first step on the right path for the advancement of the national economy by rotating wheel abilities manufacturing," Mbia said , " The first step paves the way for steps accelerate local manufacturing wheel and make it supportive And maintain the capital cycle inside Iraq, and this strengthens the financial capabilities and raise its monetary reserves to levels that raise international confidence in our economy. " 


Antoine urged "the importance of working towards the development of industrial joints that enter the stages of production quickly and meet the need of the local market," pointing out that "the activation of national industry key to solve all economic problems of the association with other sectors, and we should only work in directions that promote trends to revive thousands of plants stalled Which is a qualitative extension of local markets. " Among other challenges , the concerned industrial affairs Ahmed Al - Attar pointed out that " the signs of success in the industrial sector began to loom on the horizon , despite the challenges faced among which the most prominent commodity dumping which is accompanied by the reality of the local market for a long time." He pointed out that "the advancement of the reality  of industrial production represents the basis for a broad development work looks forward to Iraq during the coming period, and can be achieved 


This is in more than one industrial joint distributed all over Iraq, where you find industries that have done their activities despite the challenges including the automotive industry, electrical industries, rubber and kabbalat .. Which requires us to create a purely import policy that harmonizes and requirements of activating the national industry and maintain the balance of supply and demand within Iraq. Covers demand and Attar warned that " the imposition of duties to imported products, which can cover the demand for a large proportion of them through local factories is extremely important, it comes quickly and eat it addresses the economic problems affecting the country."
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On 3/6/2018 at 6:17 AM, Butifldrm said:

Budget taxes will reduce income and the value of the dinar and will be a burden on citizens

06-03-2018 01:51 PM    
Readers
image.php?token=861413dbbb8704bb6dbb0bc056544c03&size=
 

Baghdad News -

 

 

The economic expert Salam Smisem, on Tuesday, taxes in the budget will lead to reduced income and the value of the dinar, stressing that it will be a burden on citizens. 

"After taxing, the Iraqi citizen has become a victim of double taxation," Smisem said. 

She added that "the Iraqi individual is covered by the income tax that will be paid by the employee and pensioner and the gains, which range between 3-15% and this is a direct tax." 

"There are consumer taxes that will be a burden on the citizen too, which will pay the tax twice," she said. 

The economic expert, "The tax will reduce the real value of income and therefore will be a new inflationary wave will affect the price levels in Iraq, then the real value of the Iraqi dinar will fall."

The Iraqi government announced that it will impose additional taxes on a number of products in the budget for the year 2018 to get a trillion

dinars, indicating that every five employees are to retire will replace one employee, saving 600 billion dinars

 

http://www.baghdadnews.info/index.php?page=article&id=33284

 

 

Seems like there is an obvious solution to this vexing problem.   Everyone.......say it with me.   R.    V.    See how easy that was.   Now amday  it, just do it.

 

 

 

 

 

 

 

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Establish government committees to survey shops and arrest tax evaders

28/03/2018 12:26 | Number of readings: 79

Establish government committees to survey shops and arrest tax evaders

 


 

The General Authority for Taxation, on Wednesday, the formation of committees to survey unregistered tax stores in coordination with the Operations Command in Baghdad and the provinces, stressing that the rate of tax evasion in the country up to 70 percent, while referring to the issuance of resolutions to prevent the travel of those convicted of tax evasion .

 

"The budget law of the current year is in line with the tax policy of the Ministry of Finance, as it stipulates the collection of 5 percent as a sales tax on malls and large shopping malls," said the director general of the Authority, Abbas Ali, in a press statement obtained by "Trend Press". "This tax is an indirect tax, because it is not possible to include small shops with this tax ."

 

She added that "the Authority was keen to exclude medicines and some food items such as flour, rice, sugar and oil from the sales tax," noting that "the amount of sales tax will be added to the bill, as the Authority will organize the electronic kiosks for malls and large shops, and barbershops and beauty centers are the other Tax ".

 

As for restaurants and hotels, it was confirmed that "it was covered by the decision of 36 issued in 2003 and by 10 percent, but only for first class restaurants and excellent, but the budget this year included all the foods and restaurants, taking into account the popularity of them," noting that " Five trillion dinars this year, as revenues to the state treasury and according to the budget, at a time when the rate of tax evasion in the country to 70 percent .

 

The Director General of the General Authority for Taxation, "coordination with the command of operations in Baghdad and the provinces to conduct a comprehensive survey on the shops and sources of income and sites not registered in the tax through joint divisors," explaining that "the Commission had succeeded in reducing the evasion to raise the financial revenues of taxes to more than 10 trillion dinars . "

 

"The Authority has recently issued decisions to prevent the travel of those convicted of tax evasion, especially since this is based on the tax law." The department also coordinated with the health services and municipalities to suspend the renewal of professional vacations in case of abstention from tax accounting, To hand over the annual transfer statements to the tax account. "

 Trend Press / Baghdad

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Iraqi taxes aim to collect 5 trillion dinars

Iraqi taxes aim to collect 5 trillion dinars
General Authority for Iraqi Taxation
 
 
 
 29 March 2018 01:11 PM

 

Mubasher : The Director General of the General Authority for Iraqi Taxation: The Authority aims to collect 5 trillion dinars for this year .

The successful Abbas, according to the Agency of Iraq News, that these amounts represents a return to the treasury of the state, according to the general budget, pointing out that the rate of tax evasion in Iraq up to 70 %.

She added that if the Authority succeeded in reducing the evasion, this will lead to higher financial revenues of taxes to more than 10 trillion dinars .

She pointed to the successful Abbas, that the Authority was keen to exclude medicines and some food sales tax .

She added that the Authority has recently issued decisions to prevent the travel of those convicted of tax evasion .

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Iraqi taxes aim to collect 5 trillion dinars

Iraqi taxes aim to collect 5 trillion dinars
General Authority for Iraqi Taxation
 
 
 
 29 March 2018 01:11 PM

 

Mubasher : The Director General of the General Authority for Iraqi Taxation: The Authority aims to collect 5 trillion dinars for this year .

The successful Abbas, according to the Agency of Iraq News, that these amounts represents a return to the treasury of the state, according to the general budget, pointing out that the rate of tax evasion in Iraq up to 70 %.

She added that if the Authority succeeded in reducing the evasion, this will lead to higher financial revenues of taxes to more than 10 trillion dinars .

She pointed to the successful Abbas, that the Authority was keen to exclude medicines and some food sales tax .

She added that the Authority has recently issued decisions to prevent the travel of those convicted of tax evasion .

https://www.mubasher.info/news/3256238/الضرائب-العراقية-تستهدف-تحصيل-5-تريليونات-دينار

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  •  29 March 2018
  •  %D9%85%D8%AD%D9%85%D8%AF-%D8%B4%D9%8A%D8

Baghdad - Asia News Channel

The Ministry of Labor and Social Affairs announced on Thursday that the minimum wage for unskilled workers had been increased to 350,000.

"It was decided to raise the minimum wage of unskilled workers in the public budget to 350,000 dinars," Labor Minister Mohammad Shi'a al-Sudani said in a brief statement.

The Council of Ministers approved in its meeting held on 12-12-2017 the recommendation of the Ministry of Labor submitted to the Council on 18-10-2017 to raise the minimum wage of the worker to become (350) thousand dinars.

The second increase after raising the minimum wage for unskilled workers to 250 thousand dinars in the private sector and mixed and cooperative instead of 120 thousand dinars in 2015.

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