Iraq News

Iraq Should Boost Non-Oil Tax Revenue: IMF
by Mary Swire, Tax-News.com, Hong Kong
Friday, August 11, 2017
Iraq should take advantage of the "large room" to increase non-oil tax revenue by broadening the tax base and modernizing tax and customs administration, the International Monetary Fund has said. Read Full Story

MEPs Reject Commission's Blacklist A Third Time
by Ulrika Lomas, Tax-news.com, Brussels
Thursday, May 18, 2017
Members of the European Parliament have again rejected as inadequate the Commission's proposed list of countries that are considered money laundering risks. Read Full Story

OECD Calls For Broader Tax Bases In MENA Territories
by Lorys Charalambous, Tax-News.com, Cyprus
Wednesday, October 12, 2016
Middle Eastern and North African countries should press ahead with further economic and structural reforms to boost flagging trade and investment, restore public trust. and create jobs for the region's young population, the OECD told ministers from the region. Read Full Story

MENA Countries Seeking To Improve Fiscal Transparency
by Lorys Charalambous, Tax-News.com, Cyprus
Friday, March 18, 2016
The International Monetary Fund's Middle East Center for Economics and Finance and the Middle East Regional Technical Assistance Center organized a regional workshop on "Fiscal Reporting and Transparency" in Kuwait City, Kuwait, from March 13–16, 2016. Read Full Story

US Places Thailand Under GSP Review
by Mike Godfrey, Tax-News.com, Washington
Friday, November 27, 2015
As part of the ongoing 2015 Annual Generalized System of Preferences Review, the US Trade Policy Staff Committee has announced that it is reviewing Thailand's eligibility for the program's tariff benefits. Read Full Story

Philippines Committed To Tax Simplification
by Mary Swire, Tax-News.com, Hong Kong
Monday, October 26, 2015
The Government of the Philippines has assured taxpayers that it is taking steps to simplify and improve the country's tax system as it comes under increasing pressure to ease the tax burden on businesses and make the tax system more competitive. Read Full Story

Australia Expands Armed Forces Exemption
by Mary Swire, Tax-News.com, Hong Kong
Friday, June 12, 2015
The Australian Government has announced that a full tax exemption will apply to military personnel serving on "non-warlike" operations in the Middle East. Read Full Story

10 IGAs Join 'In Substance' FATCA List Just Before July 1
by Mike Godfrey, Tax-News.com, Washington
Monday, July 7, 2014
Ten further foreign jurisdictions were included by the United States Treasury in its latest monthly list, issued on July 1, 2014, as having reached agreements in substance on June 30, 2014, on the terms of intergovernmental agreements under the Foreign Account Tax Compliance Act. Read Full Story

US, Iraq Hold First TIFA Meeting
by Mike Godfrey, Tax-News.com, Washington
Wednesday, March 12, 2014
The United States and Iraq held the inaugural meeting of the Joint Council, established under the United States-Iraq Trade and Investment Framework Agreement. Read Full Story

US Withdraws GSP Benefits From Bangladesh
by Mike Godfrey, Tax-News.com, Washington
Wednesday, July 3, 2013
United States Trade Representative Michael Froman has announced the outcome of the 2012 Annual Review under the Generalized System of Preferences program, which has included a decision by President Barack Obama to suspend the eligibility of Bangladesh for its tariff benefits. Read Full Story
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