The General Authority for Taxes achieved revenues exceeding 5 trillion dinars in 2017
(Article from Charles Bright)



The General Authority of the General Authority for Taxation successful Abbas, on Thursday, the Commission has achieved revenues of up to five trillion and 22 billion dinars as revenues to the State Treasury for the year 2017, including trillion and 81 billion dinars, as opposed to safe.
“The Authority has prepared a plan to raise its planned revenues within the budget of 2018 to five trillion and 118 billion dinars, and may increase this figure more than it would be if the amounts received from the reversal of safety,” Abbas said in an interview.

She added that “most tax rates remained the same, but the increase in tax collection came as a result of the activation of accounting procedures and the collection of each tax by its name and activate the collection of tax on private sector companies and increase significantly.”

She pointed out that the increase in the financial revenues of the Authority, achieved after the activation of oil taxes, which rose significantly to reach trillion and 413 billion dinars, which cut by the Ministry of Oil by 35 percent imposed on oil companies, including companies licensing tours.

She pointed out that the amounts achieved in the past two years came as a result of continuous follow-up, expected to increase those amounts during the current year 2018.

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