Evaluation of the income tax and their role in the financing of the state public budget

	Evaluation of the income tax and their role in the financing of the state public budget "Comparative study income tax in both: Iraq and Iran
journal of kerbala university
Article 1, Volume 12, Issue 2, 2016, Pages 127-149 PDF (0 K)
Abstract
The following comparative study shows the basic structure of the income tax in both: Iraq and Iran, by enumerating their valid law of income tax and analyzing them. The study aimed at correcting the income tax and its role in financing the government budget in each of the two countries. then search the possibility of reinforcing income tax revenue in such a way that decreases the risks of being dependent on petrol incomes. The study concludes by showing the decrease in average range of income tax revenue contribution in funding the general Iraqi budget in (2004 until 2014), which equaled (%0.808); whereas the tax income contribution in funding the Iran general budget in the same period of time equaled (%14.455). This phenomenon indicates a necessity in correcting the income tax in Iraq. The study reached a number of recommendations, including the necessity of repealing the income tax act, and the issuance of a new law regard to direct taxes which include income tax, which one of the things that would be taken in consideration are the fundamental taxing rules. As well as the need to increase the tax rate on corporate income in Iraq to 25% of taxable income tax income maximum to be gradually such that the companies are subject to pay income tax of 10% for the first year, 0.15% for the second year,20% the third year, and 0.25% for the fourth year onwards to the need for Iraq to increase tax revenue by, and encourage the creation of companies on the other.

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Evaluation of the income tax and their role in the financing of the state public budget "Comparative study income tax in both: Iraq and Iran