Najaf Chamber / The Chamber participates in the conference on reforming the tax system in Iraq

The Chamber participates in the conference on reforming the tax system in Iraq

30 September، 2021

 

The Chairman of the Najaf Chamber of Commerce, Engineer Haider Al-Ethari, participated in the conference on reforming the tax system in Iraq, under the auspices of Minister of Finance Abdul Amir Allawi.

The conference discussed the feasibility of the current tax system, specifically corporate income taxes, government contracts, oil and telephone companies, with the aim of discussing reform mechanisms and reviewing legislation and tax laws and instructions for their implementation, as well as examining tax exemptions on investment projects to move the wheel of development.

Engineer Haider Al-Ethari said: The laws of tax administration do not clearly explain the requirements of compliance with the law and are characterized by the complexity and ambiguity of the tax base, not to mention the multiplicity of legislative texts, and the lack of laws that ensure this accurate implementation, in addition to a series of random amendments in previous periods.