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 Al-Hantal calls for a specialized meeting with the Central Bank to discuss the problems of tax accounting for banks

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PostSubject: Al-Hantal calls for a specialized meeting with the Central Bank to discuss the problems of tax accounting for banks   Mon Aug 06, 2018 11:09 am

Al-Hantal calls for a specialized meeting with the Central Bank to discuss the problems of tax accounting for banks


 
08/06/2018

Economy News Baghdad

The head of the Association of Iraqi Private Banks, Wadih al-Hanalal, called Monday for the need to hold a meeting with the Central Bank to raise the problems facing the banking sector, including tax accounting.

He said during a meeting, held at the headquarters of the Association of Iraqi private banks and attended by a number of representatives of private banks, to discuss the issue of tax liability of dealers with the window of sale of currency, and attended by "economy News", "The financial crisis and economic suffering in Iraq over the past three years because of The economic and security shocks, reflected negatively on the banking business Iraq and led to a decline in revenues and profits for the banking sector in general during the first half of this year.

He stressed the need to "hold a meeting with the Central Bank and the General Authority for Taxation and the Ministry of Finance and the Financial Control Bureau for the purpose of discussing the problems of the banking sector in general, in addition to the demands of the General Authority for taxes on the tax calculation of those dealing with the window selling the currency for the purpose of coordination and cooperation in advance in the implementation of what is stated in the book The Ministry of Finance in this regard. "

He added that "the Association of Private Banks is always keen to raise the problems of the banking sector through its continuous meeting with the relevant parties," noting that "the central bank always emphasizes the need to develop banking services to achieve financial inclusion."

The President of the Association of Iraqi private banks, "Iraq's exit from the gray area clearly contributed to increase the confidence of the outside world banking sector in Iraq."

http://economy-news.net/content.php?id=13156
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