Central Bank decides to meet the 8% tax rate and customs through banks
Central Bank decides to meet the 8% tax rate and customs through banks
28/03/2015 12:44
Long-Presse / Baghdad
Decided to CBI, on Saturday, to approve the meet 8% of the taxes and customs special rate Bakiem imports by private banks, while the Association of Iraqi banks suggested that this decision reflected positively on the Iraqi economy and the private sector.
The executive director of the Association of Iraqi banks Ali Tariq’s (to the extent Press), “The Association held meetings going on and meetings with the concerned authorities of the Central Bank and the bodies of taxes and customs in order to stand on the recent decisions on obtaining the tax and customs own Balastairadat through private banks Iraq,” noting that “debates has with these entities as well as specialists in the banking sector to find a mechanism to pay for these benefits through private banks.”
He said Tariq that “those discussions and meetings yielded results can be described as good by setting rates and clear of taxes and customs are fulfilled through banks,” he said, adding that “the central bank recently issued a decision in agreement with the bodies of customs and taxes allows for private banks completing 8% of Akiem taxes and customs own Balastairadat dispersed about 5% for Customs and 3% for taxes. ”
Executive Director of the Association of Iraqi banks and stressed that “the final decision on where to locate ratios is a good compared to the first resolution passed on imports, without specifying the descent”, pointing out that the decision could be supporting the Iraqi economy and the private sector. ”
The central bank may impose a special program of tax and customs guarantees for goods, while among banking and economic shown that this procedure 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 CBI had announced his statement Tuesday (March 24, 2015) for the approval of the Economic Committee of the Council of Ministers on the central bank to accept a proposal issued by private banks instruments to pay all taxes and fees and without a fixed roof.
almadapress.com
