Tag Archives | tax evasion

Iraq to sign Double Taxation Agreements

By John Lee. The Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Following discussions, the Cabinet authorised the Ministry of Finance to negotiate and initialize a draft agreement for the avoidance of double taxation and the prevention of tax evasion on income and capital, between Iraq and Jordan, […]

Nearly Half of Kurdish Businesses Pay no Tax

From Rudaw. Re-published with permission by Iraq Business News. Of nearly 25,000 registered companies in the Kurdistan Region, only around 13,000 of them pay corporate income tax, according to a new report from the Directorate of Taxes and Public Properties in Erbil. General manager of the directorate, Dr. Kamal Tayyib, told Rudaw the systematic tax […]

US Man Guilty of Tax Evasion on Iraq Consulting

By John Lee. A man from the US state of Kansashas admitted failing to pay nearly $82,000 in income taxes on money he earned as a subcontractor in Iraq. Gregory S. Light, aged 43, pleaded guilty to one count of tax evasion; sentencing was scheduled for next April. According to Associated Press, Light served in […]