In the document ... the Minister of Finance cancels the customs and tax exemptions granted to states and government institutions

[DWS112]

In the document ... the Minister of Finance cancels the customs and tax exemptions granted to states and government institutions

11/22/2020

 

Today, Sunday, Iraqi Finance Minister Ali Abdul-Amir Allawi decided to cancel customs exemptions and exemptions granted to states and government institutions.

According to a document signed by the Assistant Director General of the General Tax Authority and directed to the departments and branches of the Authority and the border crossings in Baghdad and the governorates, “A reference to the book of the Ministry of Finance / Department of Trade Budget Exemption No. 2023 on 11-22-2020, which includes the approval of the Minister of Finance to (cancel all Customs and tax exemptions and exemptions granted to states and government institutions.

 

[screwball]

interesting

[blueskyline]

1 hour ago, screwball said:

interesting

Thanks You DWS112 .GE DV's .........very interesting 

[gregp]

It’s coming.  Thanks. 

[PrehistoricMan]

25 minutes ago, gregp said:

It’s coming.  Thanks. 

Just for fun...what is your prediction of a when?

[yota691]

Clarification of the Iraqi Finance on the abolition of customs exemptions with states and government institutions

Iraqi Ministry of Finance, Ali Allawi

 23 November 2020 02:29 PM

Mubasher: The Iraqi Ministry of Finance issued today, Monday, an explanation regarding the abolition of customs exemptions and exemptions granted to states and government institutions .

The media office of the ministry stated, according to the media office of the Minister of Finance , that based on Article (10) of the Financial Deficit Financing Law for the year 2020, which stipulates: “Abolishing all customs exemptions and exemptions granted to countries and government institutions” that the Iraqi parliament voted for, the ministry The two departments addressed the General Authority of Customs and the General Authority for Taxes to take the necessary measures to implement the article, and that the Ministry is concerned with implementing laws and decisions issued by the legislative authority.

The Ministry directed its inquiry to the Parliamentary Finance Committee for the purpose of expressing its opinion on the application of the provisions of Article (10) of the Financial Deficit Financing Law for the year 2020, and whether it includes all laws for government institutions and the private sector, international agreements and exemptions granted to holy shrines.

The statement indicated that Article (10) of the law may conflict with the provisions of the laws in force, such as (Investment Law No. 13 of 2006, the Industrial Investment Law for the private and mixed sectors No. 20 of 1998, Governmental Organizations Law No. 12 of 2010 and the Law on Exemption of Foreign Companies and Foreign Subcontractors Contracting in Contracts for licensing rounds from fees No. 46 of 2017 and the Law of Care for People with Disabilities and Special Needs No. 38 of 2013, as well as its obligations with the World Trade Organization, the Arab Common Market, bilateral trade agreements with many countries and other international agreements.

The statement indicated that they may conflict with customs exemptions in accordance with the provisions of Customs Law No. 23 of 1984 and other exemptions related to canceling debts resulting from the postponement of customs duties and other decisions related to exemptions and customs fees within the laws of other ministries.

The Ministry of Finance confirmed, in its statement to it, that until clarification is received from the House of Representatives, the Ministry will proceed to literally apply the content of the law to all Iraqi government institutions only, without including the private sector and non-governmental institutions, or any country or international institution with which Iraq has trade agreements or exemptions. Are legally binding.

[GreedyDinar07]

Yes this is interesting...!!

[Longtimelurker]

Very interesting

[gregp]

9 hours ago, PrehistoricMan said:

Just for fun...what is your prediction of a when?

How’s 12/1

[Longtimelurker]

12/11 drop zeros

1/1 revalue

[Spartakus]

Lingtimer, I'm thinking on the same line. Since we didn't see any change beginning of October, I think that our next window is beginning on next year. If sooner awesome!!!

[nannab]

Hmmmmm

 

Thanks Yota  

 

3 hours ago, gregp said:

How’s 12/1

Sounds good to me Sir  

[Laid Back]

They are getting serious about the reforms.

Go Reforms

Go development 

Go success 

 

 

 

 

[yota691]

The Ministry of Finance issues an explanation regarding the abolition of customs exemptions and exceptions

•  Time: 11/23/2020 13:49:18
•  
•  Read: 3,692 times

  

{Baghdad: Al Furat News} The Ministry of Finance issued an explanation regarding the abolition of customs exemptions and exemptions granted to states and government institutions.

The ministry said in a statement that the Euphrates News Agency received a copy of it, that "based on Article 10 of the Financial Deficit Financing Law for the year 2020, which stipulated (the cancellation of all customs exemptions and exceptions granted to states and government institutions) that the House of Representatives voted on, the Ministry addressed the two departments of the Commission. The General Customs and the General Tax Authority take the necessary measures to implement the tenth paragraph, and that the ministry is concerned with implementing the laws and decisions issued by the legislative authority.
He added, "The ministry has directed its inquiry to the Parliamentary Finance Committee for the purpose of stating its opinion on the application of the provisions of Article 10 of the Fiscal Deficit Financing Law for the year 2020 and does it include all laws for government institutions and the private sector, international agreements and exemptions granted to the holy shrines."
The Ministry of Finance indicated that "Article 10 of the law may conflict with the provisions of the laws in force, such as {Investment Law No. 13 of 2006, the Industrial Investment Law for the private and mixed sectors No. 20 of 1998, Governmental Organizations Law No. 12 of 2010 and the Law on Exemption of Foreign Companies and Foreign Subcontractors Contracted in Contracts for licensing rounds from fees No. 46 of 2017 and the Law of Care for People with Disabilities and Special Needs No. 38 of 2013 and our commitments with the World Trade Organization and the Arab Common Market and bilateral trade agreements with many countries and other international agreements.
He added that the paragraph also opposes "customs exemptions according to the provisions of Customs Law No. 23 of 1984 and other exemptions for writing off debts resulting from postponing customs duties and other decisions related to exemptions and customs fees within the laws of other ministries."
The Finance noted that "until clarification is received from the House of Representatives, the ministry is proceeding to apply the content of the law literally to all institutions of the Iraqi government only, without including the private sector and non-governmental institutions, or any state or international institution with which we have commercial agreements or legally binding exemptions."
Ammar Al-Masoudi

[Artitech]

3 hours ago, gregp said:

How’s 12/1

Great that’s when my mortgage payment is due!! I will be calling them tomorrow for the pay off for the ranch!! 🤠

[yota691]

Finance: Article 10 of the Disability Law contradicts the legislation in force

Tuesday 24th November 2020 47

 

Baghdad: Morning 

 

 

The Ministry of Finance addressed the General Authority for Customs and the Tax Authority to cancel all exemptions and customs exemptions granted to states and government institutions, while stressing that Article 10 of the law deficit financing contradicts the provisions of the laws in force.

A statement issued by the ministry stated that "Article 10 of the Financial Deficit Financing Law for the year 2020 stipulated the cancellation of all customs exemptions and exceptions granted to countries and government institutions, adding that" the ministry addressed the departments of the General Authority for Customs and the General Authority for Taxes to take the necessary measures to implement Article X of the above article, and that the Ministry It is concerned with implementing laws and decisions issued by the legislative authority. ”The Ministry directed its inquiry to the Parliamentary Finance Committee for the purpose of stating its opinion on the application of the provisions of Article 10 of the Financing of the Financial Deficit Law for the year 2020, and whether it includes all laws for government institutions and the private sector, international agreements and exemptions granted to the holy shrines. "Article 10 of the law may conflict with the provisions of the laws in force, such as the Investment Law No. 13 of 2006, the Industrial Investment Law for the private and mixed sectors, and other laws, in addition to customs exemptions in accordance with the provisions of Customs Law No. 23 of 1984 and other exemptions for writing off debts arising from customs duties postponement and other decisions. Related to customs exemptions and fees within the laws of other ministries.