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An explanatory statement regarding the abolition of customs exemptions and exceptions granted to states and government institutions
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An explanatory statement regarding the abolition of customs exemptions and exceptions granted to states and government institutions
An explanatory statement regarding the abolition of customs exemptions and exceptions granted to states and government institutions
Monday 23 November 2020
[url=http://www.mof.gov.iq//Lists/Banner/Attachments/870/logo f.jpg][/url]
The Ministry of Finance would like to clarify to the public opinion that based on Article "10" of the Financial Deficit Financing Law for the year 2020, which stipulates that "all customs exemptions and exceptions granted to states and government institutions" which the Iraqi Parliament voted for, the Ministry addressed my department "The General Authority for Customs The General Tax Authority "takes the necessary measures to implement Article X of the above article, and the Ministry is concerned with implementing the laws and decisions issued by the legislative authority."
The ministry charged inquiry to the Parliamentary Finance Committee for the purpose of a statement of opinion on the application of the provisions of Article "10" of the financing of the fiscal deficit law for the year 2020 does include all laws and government institutions , the private sector and international agreements and exemptions granted to the holy shrines.
We point out that Article 10 of the law may conflict with the provisions of the laws in force, such as (Investment Law No. 13 of 2006, Law of Industrial Investment for the Private and Mixed Sectors No. 20 of 1998, Law of Governmental Organizations No. 12 of 2010 and Law on Exemption of Foreign Companies and Foreign Subcontractors Contracted in Contracts Round Licensing From fees No. 46 of 2017, the Law of Care for People with Disabilities and Special Needs No. 38 of 2013, and our commitments with the World Trade Organization, the Arab Common Market, bilateral trade agreements with many countries and other international agreements).
In addition to the customs exemptions in accordance with the provisions of Customs Law No. 23 of 1984, and other exemptions for writing off debts resulting from the postponement of customs duties and other decisions related to exemptions and customs fees within the laws of other ministries.
Until clarification is received from the House of Representatives, the Ministry is proceeding to apply the content of the law literally to all institutions of the Iraqi government only, without including the private sector and non-governmental institutions, or any state or international institution with which we have commercial agreements or legally binding exemptions.
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Information Office of the Minister of Finance
November 23, 2020
http://www.mof.gov.iq/Pages/MOFBannerHeadlineDetail.aspx?BannerNewsID=870
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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