The Kurdistan Regional Government is working to reduce real estate wages

Thursday 09, April 2020 09:46
 
Baghdad / Nina / The Secretary of the Kurdistan Regional Government, Amanj Rahim, announced that the Kurdistan Regional Government is considering a draft decision to reduce wages, taxes and fees under the current circumstances.

Rahim said, according to the "Rudaw" network: At the last meeting of the Kurdistan Regional Council of Ministers, the burden on the current situation on workers, earnings and tenants was discussed, and a six-paragraph bill was read that deals with wages, taxes, fees, income tax, real estate tax, fines, loans and grants. .

He explained, "that the bill calls for the government to exempt tenants from paying rent for this period, and the postponement of mortgage loans and small loans are met."

Regarding the rental of private sector real estate, Rahim said: "According to Resolution No. 32 of the Kurdistan Parliament for the year 2003, the regional government has the authority to reduce these wages, and the government wants to use this legal right and make real estate owners reduce wages in exchange for the government to exempt them from taxes, as the government decided Exemption of earnings and workers, who are prevented from working in these circumstances, from paying taxes. "

He revealed, that after reading the draft law, the provincial government approved the project and formed a committee for this purpose that will start its duties next week, and if the need arises for the issuance of a law, the Kurdistan Parliament has expressed its willingness to expedite the approval of any law that the government needs in this context ./ End 2

https://ninanews.com/Website/News/Details?key=822763