Post by Lovingtheclarity on Feb 8, 2014 14:58:49 GMT
In late November 2013, the Iraqi Minister of Finance signed Instructions No. (2) of 2013. These instructions were issued on 9 December 2013 in the official Gazette No. 4301 and became effective under Iraqi Law on 9 December 2013.
The changes introduced by the new Instructions No. (2) of 2013 are slight:
Article Four (Second) of Instructions No. (5) of 2011 is cancelled and is replaced by these new Instructions No. (2) of 2013 which say:
For contracts related to the activities listed in Article One (First) of Instructions No. (5) of 2011, you withhold 7%