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Iraq News

MENA Tax Regimes Increasingly Competitive

by Lorys Charalambous,, Cyprus

Monday, April 8, 2013

The benefits of lowering corporation tax rates to secure Foreign Direct Investment was the key topic under consideration at Ernst and Young's Middle East and North Africa tax conference, which also looked at regional governments' efforts to close tax loopholes to ensure the efficiency of their low-tax regimes. Read Full Story


US, Iraq TIFA To Enter Into Force This Year

by Mike Godfrey,, Washington

Friday, March 8, 2013

Following the Iraq Council of Representatives’ recent ratification of the text of the Trade and Investment Framework Agreement with the US, and bilateral meetings in Baghdad, the United States and Iraq announced on March 6 that the FTA, first negotiated in 2005, is likely to enter into force later this year. Read Full Story


New Free Zone Created In Iraq

by Lorys Charalambous,, Cyprus

Wednesday, October 31, 2012

Iraq’s General Authority for Free Zones, which is under the Ministry of Finance, has entered into an agreement with Basra International Oil and Gas Hub to set up a specialized oil and gas Free Zone at the port of Khor Al-Zubair. Read Full Story


The Netherlands Ups Tax Treaty Negotiations In 2012

by Ulrika Lomas,, Brussels

Tuesday, February 21, 2012

Underlining the government’s commitment to negotiating new tax treaties with other countries, the Dutch finance ministry has recently outlined details of its specific plans for 2012. Read Full Story


Iraq, Iran Strengthen Economic Ties

by Lorys Charalambous,, Cyprus

Friday, July 8, 2011

Multiple agreements were signed between Iran and Iraq, as part of Iranian First Vice President Mohammad-Reza Rahimi's visit, aimed at strengthening economic ties after the withdrawal of US troops from Iraq. Read Full Story


MENA Tax Reforms Explored

by Lorys Charalambous,, Cyprus

Wednesday, December 15, 2010

Middle Eastern and North African governments’ implementation of new tax regimes and expansion of commercial laws relating to inward investment were the topics under discussion at the Ernst and Young MENA Tax conference held this month in London. Read Full Story


Turkey Eyes FTA With Iraq

by Lorys Charalambous,, Cyprus

Tuesday, May 18, 2010

The Turkish Finance Minister, Mehmet Simsek, speaking at a recent energy conference in Istanbul, called for negotiations to begin for the signing of a Free Trade Agreement with its southern trade partner, Iraq. Read Full Story



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