Iraqi banks and the Association was held in collaboration with the Central Bank of Iraq symposium in Baghdad on Tuesday to discuss the mechanics of obtaining tax from Iraqi foreign investors and traders.
The general director of publications at the central bank Ahsan Yasiri Bank a new mechanism for the collection of taxes and fees customs of the sale of the dollar was adopted by the bank to investors who intend to bring goods to Iraq, noting that this mechanism will allow the Bank of integrated data on money and outlets dispensing movement of base building to curb manipulation of the banking operations.
For his part, noted director of the General Administration of Customs, Major General Jassem wise to the existence of the challenges facing the adoption of this new mechanism, tax and customs, including the absence of what he described as the electronic link between the border crossing points and banks, in addition to the volatile security situation in many areas of Iraq.
In return, economic adviser in the Prime Minister Abdul Hussein Al-Anbuge stressed the importance of the adoption of these mechanisms and its entry into force, saying it will contribute to upgrading of the Iraqi economy and control over foreign and domestic capital.
The move to the CBI on the back of entry customs tariff law into effect, especially after the adoption of many of the paragraphs in the construction of the general budget items for the country, which stressed the need to impose a tax on imported goods entering the Iraqi market to supplement the state treasury money.