Iraq to tax foreign oil firms 35%

[Kristy]

Ali Al Dabbagh, a spokesman for the Iraqi government has said the Iraqi Cabinet has decided to approve a draft law, will require parliamentary approval, to impose a minimum of 35% corporate tax on foreign oil companies, according to AFP. Foreign corporations operating in Iraq currently pay a flat tax rate of 15%, according to the finance ministry's general commission for taxes.
http://oas6.ameinfo.com/RealMedia/ads/adstream_lx.ads/ameinfo.com/rss/159/x90/AME/AME-Info_RSS_Generic/AME-Info_RSS_Generic_px/125 (http://oas6.ameinfo.com/RealMedia/ads/adstream_lx.ads/ameinfo.com/rss/159/x90/AME/AME-Info_RSS_Generic/AME-Info_RSS_Generic_px/125)http://rss.feedsportal.com/c/32213/f/425040/s/44163b4/mf.gifhttp://rss.feedsportal.com/images/emailthis2.gif (http://res.feedsportal.com/viral/sendemail2.html?title=Iraq to tax foreign oil firms 35%&link=http://www.ameinfo.com/197511.html)http://rss.feedsportal.com/images/bookmark.gif (http://res.feedsportal.com/viral/bookmark.cfm?title=Iraq to tax foreign oil firms 35%&link=http://www.ameinfo.com/197511.html)


http://da.feedsportal.com/r/40376772837/u/79/f/425040/c/32213/s/71394228/a2.img (http://da.feedsportal.com/r/40376772837/u/79/f/425040/c/32213/s/71394228/a2.htm)

More... (http://rss.feedsportal.com/c/32213/f/425040/s/44163b4/l/0L0Sameinfo0N0C1975110Bhtml/story01.htm)