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14 Tax waiting for Iraqis with the entry into force of the budget

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ikea


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14 Tax waiting for Iraqis with the entry into force of the budget

The Parliamentary Finance Committee revealed on Saturday the entry of 14 new taxes into force immediately after the publication of the budget law in the Official Gazette, noting that the government has been subject to the conditions of the International Monetary Fund to impose such taxes within the budget.

"With the entry into force of the budget law, 14 new taxes will come into force," Commission Rapporteur Ahmed Hama said in a statement.

"The government has met the conditions set by the International Monetary Fund (IMF) to impose taxes."

He added that "the budget includes the imposition of 10% on goods sold in malls and shopping centers and services provided in men's and women's barbershops and all hotels, as well as 20% of the tax on the sale of phones and cards, Internet and 15% for the import of cars.

"The government also imposed 12 percent as a tax on real estate and a similar percentage as income tax, in addition to imposing fees on airports, tickets for 25 thousand dinars on foreign trips and 10,000 dinars on internal tickets," he said, adding that

"200% was imposed on cigarettes and honey Alcoholic beverages and 10 cents per liter of sweetened beverages."

Reflection


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200% on cigarettes and booze. Tough crowd. lol!

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