Tag Archives | General Commission for Taxes (GCT)

Iraq Launches Digital Tax Assessment System

By John Lee. Iraq has launched its first electronic tax assessment system for large taxpayers. The system was introduced at the General Commission for Taxes (GCT) in the presence of Finance Minister Faleh Sari and a number of the ministry's director-generals. According to the Ministry of Finance, the system allows taxpayers to complete tax assessment […]

Tax in Iraq: IMF Identifies 6 areas for Reform

By John Lee. The International Monetary Fund (IMF) has published a "High Level Summary Technical Assistance Report" looking at the tax system in Iraq. The report identifies six core reform areas: Establishing a reliable taxpayer base; Improving core functions through implementation of the SA system; Focusing on large taxpayers' compliance; Organizational design and workforce planning; […]