Post by Admin on Feb 8, 2014 11:01:26 GMT
The Technical Committee of the General Commission for Taxes has released a resolution indicating that head office charges will no longer be accepted as 2.0%-2.5% of the Iraqi operation’s revenues.
The new resolution dictates that head office charges allowable as a deduction are limited to 10% of the total amount charged by the Iraqi entity as head office charges.
The new resolution dictates that head office charges allowable as a deduction are limited to 10% of the total amount charged by the Iraqi entity as head office charges.