Private banks and GCT agree to simplify procedures

March 5th, 2016

Private banks and the General Authority for taxes agree to simplify procedures
Baghdad's new morning:
Iraqi private banks agreed with the General Authority for taxes on the simplification of procedures and the development of mechanisms that support the work of the two sides as well as the emphasis on dealing with the checks issued.
During a joint seminar held by the Iraqi private banks association, with the General Authority for taxes in the presence of figures from the Central Bank of Iraq and the government and the House of Representatives president of the association of private banks and depositary Handal stressed the need to deepen the prospects of bilateral cooperation, and the role of the private sector as a true partner in the development process in the country.
He pointed out that Handal Bankers Association confirmed the holding of joint quarterly meetings every three months, at a rate of four meetings a year, to follow up bilateral cooperation with the Tax Authority, interspersed with round table sessions held trust placed the end of this week's issues.
And between Handal During the seminar, the need for Iraq to move to international accounting standards Maitalq private work of the General Authority for taxes and suggested «create informative center includes« databases »for all Iraqis financial Hasralzmm».
So touched gathered to search for fears of dealing with checks issued by banks, where the emphasis was placed in this area to deal with the banks approved by the Central Bank of Iraq and exclusively by the last camel Rated twenty-first banking system as a first stage.