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Map of the world showing national-level sales tax / VAT rates as of October 2019. A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
The Kurdistan Region has the lowest poverty rates in Iraq [67] and the stronger economy of the Kurdistan Region attracted around 20,000 workers from other parts of Iraq between 2003 and 2005. [68] The number of millionaires in the city of Sulaymaniyah grew from 12 to 2,000 in 2003, reflecting the economic growth. [69]
In 2015, the autonomous administration shared information about the region's finances where its 2014 revenue was about LS 3 billion (≈US$5.8 million) of which 50% was spent on "self-defense and protection", 18% for the Jazira Canton (now Jazira Region), 8.5% for the Kobani Canton (now Euphrates Region), 8.5% for the Afrin Canton (later Afrin ...
It was recognized as an official governorate of the Kurdistan Region in 2014, [3] [2] and the Council of Ministers approved a bill twice in 2013, [4] [5] and 2023. [6] However, the only legislature in Iraq that can implement new governorates is the Council of Representatives of Iraq , which has had delayed hearings regarding Halabja numerous times.
Stay updated on the news about taxes, deadlines, deductions, laws, the IRS, and all things related to your income taxes.
The Kurdistan Regional Government [a] (KRG) is the official executive body of the semi-autonomous Kurdistan Region in northern Iraq. The cabinet is selected by the majority party or list who also select the prime minister of the Iraqi Kurdish polity .
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