Tag Archives | Duty

Kurdish Companies “moving South” to Avoid Tax

By John Lee. Companies are reportedly relocating from the Kurdistan Region to rest of Iraq in an effort to avoid taxes and customs duties which the Iraqi government charges on goods exported to southern Iraq. According to Kurdish media network Rudaw, the Baghdad government considers goods produced in Iraqi Kurdistan to be foreign, and subject […]

Outgoing Abadi signs blow to Turkish Imports

By Fehim Tastekin for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. While Turkey was eagerly anticipating a new government in Baghdad to sort out many problems with Iraq, a last minute decision by the outgoing prime minister has added a fresh item […]

KRG and Iraqi Customs Duties to be Unified

By John Lee. Iraq and the Kurdistan Regional Government (KRG) will reportedly soon unify customs duties to streamline the system and prevent the double taxation of the Kurdistan Region’s businessmen. According to Rudaw, Erbil and Baghdad have two different customs fees, causing disputes between the two aresa. They previously reached a preliminary agreement on unifying […]

An Evil Plot? Basra Boycotts New Customs Tax

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. An Evil Plot? Iraq’s Most Industry-Savvy Province Refuses to Impose Baghdad’s New Customs Tax A new customs tax came into effect in August. But in Basra, one of Iraq’s busiest […]

Cmte Rejects Govt Request to Delay Customs Law

The economy and investment committee of the Iraqi Council of Representatives announced on Tuesday that it has rejected the government’s request to delay the application of the customs law passed in 2008. Committee member Mahma Khalil said, “we fear that the government was put under pressure from traders and some states to reverse the application […]

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Duty Fees Cancelled at Iraqi Ports of Entry

Aswat al-Iraq reports that the Iraqi Ministry of Transport has decided to cancel land customs duties from sea ports of entry. The ports media director told the agency that Minister Hadi al-Ameri decided to cancel these customs in order to encourage merchants to transport their goods through Iraqi ports. Ports used to have land duty […]

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Iraq May Abolish Customs Charges on Syrian Goods

Iraq’s Finance Minister, Rafie al-Issawi (pictured), has discussed with a visiting Syrian delegation in Baghdad on Monday the issue of the abolition of customs charges on all Syrian goods entering Iraq, a Finance Ministry statement reported. “Issawi has received a high-level Syrian economic delegation, and both sides have discussed means for boosting economic and banking […]

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Iraqi Import Tariffs Rise Sharply from March

AFP reports that Iraq will sharply raise tariffs in March in the first major reform of its customs regime since the US led coalition that ousted Saddam Hussein slashed duties. The new tariffs were detailed in 794 page document published by the Iraqi finance ministry’s public commission of customs and will come in to effect […]