Start imposing new taxes and the prices of cars go up to 20%

[yota691]

Start imposing new taxes and the prices of cars go up to 20%

Economy and Tenders

 Since 01.19.2016 at 09:46 (GMT Baghdad)

Special scales News

A government source revealed on Tuesday, about to start applying the taxes and customs tariffs on cars, alcohol and cigarettes, stressing that car prices will rise by 20%.

The source told / scales News /, that "the government began to implement the tax in the day with the provincial government rejects the application," pointing out that "the prices of cars will increase by 20%."

He added, "It has direct erected Sitarat auditing to Baghdad through Basra and set the car carrying 12 returned for evaluation and audit in accordance issued by the Ministry of Finance on the new tax decisions."

While stressing source of border crossings that Jaabiyat Directorate of Customs Authority for 2015 of up to $ 500 million, adding that this amount will not fill the deficit or flows into the financial budget.

It is said that / scales News / got yesterday on the document on the taxation of cars by 5% and on alcoholic beverages and cigarettes by 20% as well as the continued imposition of tax on mobile phone and Kartat tax Almtar.anthy 29 / D 24

[Zcountess]

Tariffs ,,,,, Hmm ..... This is ...meaning they are using them like now ..!...Now so i am wondering ...is this at the current program rate ?

[Boozer]

Tax, Death, Welcome to the Real World

[lifes journey]

well it appears to me that now the tarriffs are done and it will increase the cost of goods for the people then to offset the difference in cost the value of the money also needs to go up or it will make it harder on the poeple than it already is

[Gypsygirl11]

We shall see "lifes journey"...we shall see. 

[Jasmine21]

Who is buying said cars I wonder? Can't imagine the average Joe can afford a car with their economy. Hmmmm, maybe they'll be able to afford cars this year...praying.

[markb57]

yes, those arent cheap suv's. Lexus lx570's. about $70k+. somebodies doing ok over there.....

[Gypsygirl11]

Wish I could afford one of those cars....maybe in the near future!?! Notice how I didn't use the word SOON) LOL   

[new york kevin]

Wish I could afford one of those cars....maybe in the near future!?! Notice how I didn't use the word SOON) LOL   

 

Now you did.  You know. Used the word _ _ _ _ . 

[10 YEARS LATER]

Well, they best do something with their IQD . . .   

[Gypsygirl11]

Oh darn, your right Kevin. lt wont happen again. lol  

 

Now seriously....how can they afford these vehicles? Inquiring minds want to know.

[new york kevin]

The IQD has got to increase in value and not decline, else the people will rise up and revolt. It will be a particularly harsh uprising cuz it will be the middle to upper class folks that will scream for Abadi's impeachment due to cr*ppy fiscal policies.

[Gypsygirl11]

One can only hope the value increases. Iraq's mind set is so different - you never know what to expect from them,  (Except maybe another postponement or work break). It sure does feel like Its getting down to the knitty gritty though. Do or die.

And "10 Years" you just had to post that word didn't you!!! Would you stop It. 

[Shedagal]

I agree.  Although there are those who think it is years away, I think it is crunch time.

[Laid Back]

5 to 25% in goods and services.

This will create pressure and inflation.

CBI it's time to increase the exchange rate