Post From BondLadys Corner
BLC Admin Tlm724 News & Comments 3-05-16 Part 1 of 3
A joint seminar of the Association of private banks with the General Authority for taxes in the presence of figures from the Central Bank of Iraq and the government and the House of Representatives
Private banks propose the establishment of my knowledge center for inventory finance receivables for Iraqis
Author: AR, ASJ Editor: AR, HH 05.03.2016 14:20 Long-Presse / Baghdad
Proposed Association of private banks on Saturday, create informative center for inventory finance receivables for the Iraqis, while confirming the need to unify the tax measures between the two governments and the central region of Kurdistan to prevent double taxation.
~~~
BLC Admin Tlm724 News & Comments 3-05-16 Part 1 of 3
A joint seminar of the Association of private banks with the General Authority for taxes in the presence of figures from the Central Bank of Iraq and the government and the House of Representatives
Private banks propose the establishment of my knowledge center for inventory finance receivables for Iraqis
Author: AR, ASJ Editor: AR, HH 05.03.2016 14:20 Long-Presse / Baghdad
Proposed Association of private banks on Saturday, create informative center for inventory finance receivables for the Iraqis, while confirming the need to unify the tax measures between the two governments and the central region of Kurdistan to prevent double taxation.
~~~
The head of the Association of private banks and depositary Handal in a statement received (range Press) copy of it, "The Association held a joint seminar with the General Authority for taxes in the presence of figures from the Central Bank of Iraq and the government and the House of Representatives," stressing "the need to deepen the prospects of bilateral cooperation and the private Doralqtaa true partner in the development process in the country. "
Handal said that "the Association of banks confirmed to hold joint quarterly meetings every three months and an average of four meetings a year to follow up on bilateral cooperation issues with the tax authority interspersed with round table sessions held trust placed the end of this week."
Handal said during the seminar, "the need for Iraq to move to international accounting standards Maitalq private work of the General Commission for Taxes", suggesting "create informative center includes databases for all Iraqis financial Hasralzmm."
According to the statement Search conferees "fears of dealing with checks issued by banks, where it was stressed in this area to deal with the banks approved by the Central Bank of Iraq exclusively, according to the latest assessment system (camel) and the top twenty banks as a first stage."
The statement continued that "a number of speakers pointed During the seminar, the need to unify the tax measures and find solutions to the outstanding problems between the federal government and the Kurdistan Regional Government to prevent double taxation solutions", calling for "the adoption of a unified database between the General Administration of Customs and the General Authority for taxes to avoid the problems that can occur between the two sides. "
The phenomenon of corruption, "the biggest challenge" facing Iraq, along with security, since the year 2003, especially the levels reached a level led international organizations specialized to the situation in Iraq from among the "most corrupt" countries in the world, as it has led to popular protests successive last of which was pervaded since the majority of the provinces (the 31 of July 2015), to demand the fight against rampant corruption, and improve services. LINK
[tlm724] Association of private banks on Saturday, create informative center for inventory finance receivables for the Iraqis, while confirming the need to unify the tax measures between the two governments and the central region of Kurdistan to prevent double taxation.
[tlm724] well thats a good proposal
[tlm724] The Association held a joint seminar with the General Authority for taxes in the presence of figures from the Central Bank of Iraq and the government and the House of Representatives,
[tlm724] "the need for Iraq to move to international accounting standards Maitalq private work of the General Commission for Taxes"
[tlm724] "create informative center includes databases for all Iraqis financial
[tlm724] conferees "fears of dealing with checks issued by banks, where it was stressed in this area to deal with the banks approved by the Central Bank of Iraq exclusively, according to the latest assessment system (camel) and the top twenty banks as a first stage
[tlm724] so deal with trusted banks first while the rest get up to speed
[tlm724] calling for "the adoption of a unified database between the General Administration of Customs and the General Authority for taxes to avoid the problems that can occur between the two sides.
[tlm724] hail yes a unified database should have been done PRIOR to tariffs but what do we know Razz
[tlm724] The phenomenon of corruption, "the biggest challenge" facing Iraq, along with security, since the year 2003
[tlm724] well duh lol
[tlm724] they are getting it together though step by step
http://ift.tt/1noC3lq
Private banks agree with the tax authority on the simplification of procedures
- MARCH 5, 2016 BAGHDAD Qusay, Monzer Iraqi private banks association agreed with the General Authority for taxes on the simplification of procedures and the development of mechanisms that support the work of the two sides.
It said a statement of the association and the body yesterday that (Association of private banks agreed with the General Authority for taxes during a symposium held in cooperation with the body in the presence of figures from the Central Bank of Iraq and the government and the House of Representatives on the simplification of procedures and the development of mechanisms that support the work of the two sides).
The statement quoted the President of the Association meek Handal saying that (the Association of Banks confirmed to hold joint quarterly meetings every three months, at a rate of four meetings a year, to follow up bilateral cooperation with the tax authority issues, interspersed with round-table sessions held first is the end of this week),
pointing out that (Iraq needs to move to international accounting standards especially regarding the work of the General Authority for taxes and propose the establishment of the center of my information includes data for all Iraqis to confine financial receivables rules).
The statement said that the (number of speakers at the seminar pointed to the need to unify the tax procedures and find solutions to the outstanding problems between the federal government and the Kurdistan Regional Government to prevent double taxation) solutions, Mhddaaly (the importance of a unified database between the General Administration of Customs and the General Authority for taxes is made to avoid the problems that can occur between the two sides). LINK
http://ift.tt/1noC3lq
~~~~~~~~~`
Benefiting from the dollar auction .. Daash speculate Iraqi currency market
Reports Since 03/04/2016 20:01 pm (Baghdad time) Translation balances News
Traders say the Iraqi exchange market, if Daash terrorist in the city of Mosul, works on the exploitation of the US dollar against the Iraqi dinar to achieve the greatest possible use of the local population while attacking launchers coalition of financial resources to the terrorist organization.
Handal said that "the Association of banks confirmed to hold joint quarterly meetings every three months and an average of four meetings a year to follow up on bilateral cooperation issues with the tax authority interspersed with round table sessions held trust placed the end of this week."
Handal said during the seminar, "the need for Iraq to move to international accounting standards Maitalq private work of the General Commission for Taxes", suggesting "create informative center includes databases for all Iraqis financial Hasralzmm."
According to the statement Search conferees "fears of dealing with checks issued by banks, where it was stressed in this area to deal with the banks approved by the Central Bank of Iraq exclusively, according to the latest assessment system (camel) and the top twenty banks as a first stage."
The statement continued that "a number of speakers pointed During the seminar, the need to unify the tax measures and find solutions to the outstanding problems between the federal government and the Kurdistan Regional Government to prevent double taxation solutions", calling for "the adoption of a unified database between the General Administration of Customs and the General Authority for taxes to avoid the problems that can occur between the two sides. "
The phenomenon of corruption, "the biggest challenge" facing Iraq, along with security, since the year 2003, especially the levels reached a level led international organizations specialized to the situation in Iraq from among the "most corrupt" countries in the world, as it has led to popular protests successive last of which was pervaded since the majority of the provinces (the 31 of July 2015), to demand the fight against rampant corruption, and improve services. LINK
[tlm724] Association of private banks on Saturday, create informative center for inventory finance receivables for the Iraqis, while confirming the need to unify the tax measures between the two governments and the central region of Kurdistan to prevent double taxation.
[tlm724] well thats a good proposal
[tlm724] The Association held a joint seminar with the General Authority for taxes in the presence of figures from the Central Bank of Iraq and the government and the House of Representatives,
[tlm724] "the need for Iraq to move to international accounting standards Maitalq private work of the General Commission for Taxes"
[tlm724] "create informative center includes databases for all Iraqis financial
[tlm724] conferees "fears of dealing with checks issued by banks, where it was stressed in this area to deal with the banks approved by the Central Bank of Iraq exclusively, according to the latest assessment system (camel) and the top twenty banks as a first stage
[tlm724] so deal with trusted banks first while the rest get up to speed
[tlm724] calling for "the adoption of a unified database between the General Administration of Customs and the General Authority for taxes to avoid the problems that can occur between the two sides.
[tlm724] hail yes a unified database should have been done PRIOR to tariffs but what do we know Razz
[tlm724] The phenomenon of corruption, "the biggest challenge" facing Iraq, along with security, since the year 2003
[tlm724] well duh lol
[tlm724] they are getting it together though step by step
http://ift.tt/1noC3lq
Private banks agree with the tax authority on the simplification of procedures
- MARCH 5, 2016 BAGHDAD Qusay, Monzer Iraqi private banks association agreed with the General Authority for taxes on the simplification of procedures and the development of mechanisms that support the work of the two sides.
It said a statement of the association and the body yesterday that (Association of private banks agreed with the General Authority for taxes during a symposium held in cooperation with the body in the presence of figures from the Central Bank of Iraq and the government and the House of Representatives on the simplification of procedures and the development of mechanisms that support the work of the two sides).
The statement quoted the President of the Association meek Handal saying that (the Association of Banks confirmed to hold joint quarterly meetings every three months, at a rate of four meetings a year, to follow up bilateral cooperation with the tax authority issues, interspersed with round-table sessions held first is the end of this week),
pointing out that (Iraq needs to move to international accounting standards especially regarding the work of the General Authority for taxes and propose the establishment of the center of my information includes data for all Iraqis to confine financial receivables rules).
The statement said that the (number of speakers at the seminar pointed to the need to unify the tax procedures and find solutions to the outstanding problems between the federal government and the Kurdistan Regional Government to prevent double taxation) solutions, Mhddaaly (the importance of a unified database between the General Administration of Customs and the General Authority for taxes is made to avoid the problems that can occur between the two sides). LINK
http://ift.tt/1noC3lq
~~~~~~~~~`
Benefiting from the dollar auction .. Daash speculate Iraqi currency market
Reports Since 03/04/2016 20:01 pm (Baghdad time) Translation balances News
Traders say the Iraqi exchange market, if Daash terrorist in the city of Mosul, works on the exploitation of the US dollar against the Iraqi dinar to achieve the greatest possible use of the local population while attacking launchers coalition of financial resources to the terrorist organization.
According to the Telegraph newspaper that he "was detected involvement of al Daash in speculative operations in the foreign exchange markets," a reference to what is known locally ERA dollar.
"The benefit of Daash gaps in Iraq's banking and financial system to make money and converted by synonymous with the hawala system."
"Revealed experts believed that the organization uses Daash banking sector in Iraq to pass a wave of speculation in global currency markets. Monthly earnings estimates as a result of this speculation about US $ 25 million."
"That is added to the income of the terrorist organization from the sale of oil and the imposition of taxes and ransoms."
"The organization takes advantage of the gaps in the Iraqi financial system to reap millions of dollars."
"And discuss international bodies concerned about the larger monitor and check auction markets to foreign currencies, especially authorized by the Central Bank of the Iraqi regime, the fact that the organization of this system is used to pass its operations and profit
As mentioned in the operational details, "the organization misappropriated funds and financial funds denominated in Iraqi dinars, which were under the management of banks and funds in compensation in the Mosul area under his control."
"It was the transfer of funds through Jordanian banks to come back again and turned to Iraq through the gray area (which were previously under the control of the organization Daash), and from there to the Iraqi official financial and banking system, and through the" hawala "system, a system for transferring funds and transfer work outside the traditional banking system. "
"Therefore, when the Iraqi monetary authorities to progress on the issuance of auction operations in foreign currencies, are pumping money regulation in these processes within the Iraqi banking system, and achieve through it the gain on exchange differences margins, to return to the transfer of funds into their areas through the system." money for the "previously mentioned, and in this way to move money within the region."
"The amount of funds resulting from these operations by about 20 to 25 million dollars a month. The majority of the money made by the organization and earned and stolen back to before 2014, especially with the invasion of Mosul and other operations in various regions of Iraq."
The military said US officials that "the frequency of reports of reduced regulation Daash fighters wages by as much as half is proof that the coalition is putting pressure on the terrorist organization."
"The average wage was cut from $ 400 to $ 200 per month."
Said Lt. Col. Steve Warren of the US Army, a coalition spokesman said that "the wages of foreign fighters, which had ranged between 600 and 800 dollars a month also reduced but it was unclear the size of this reduction."
However it seems that the "hard
He said traders in the currency in Mosul for "Reuters" that "the terrorist organization gets the hard currency through the sale of commodities produced in factories controlled by the local distributors in dollars but pays wages in dinars to thousands of fighters and public officials."
Traders added that "regulation win up to 20 percent under the preferential currency imposed last month, which lifted the dollar when exchanged for smaller denominations of the dinar rate."
An employee exchange office in Mosul, using a popular name when organizing Daash that "Daash" selling (products) for traders in dollars but pay salaries for small groups of the dinar, and the price the official determined by the Iraqi government, is worth $ 100 currently about 118 thousand dinars. "
In Mosul, the owner of exchange office, said, "The same amount equivalent to 127,500 dinars when you buy banknotes category of 25 thousand dinars, the largest circulation category locally."
The price rises to 155 thousand dinars when you buy banknotes category 250 dinars, which traded lower classes.
"Preferably organize Daash" The biggest categories for easy transfer. "
"The three other traders in the currency of these details."
Everyone has talked to "Reuters" on condition of anonymity for fear of retribution state regulation.
And prevented security restrictions in the areas controlled by the regulation without verification, "Reuters" from independent sources of it.
It was not possible to determine how much of the income derived by the organization control of the currency market.
"It was also unclear whether these practices were in place outside Mosul, the largest controlled Daash cities, whether in Iraq or in Syria."
Traders said, "The very limited transactions outside the system at more competitive prices because the organization threatened to confiscate funds violates the rules, and if there were such transactions are conducted in complete secrecy."
The organization , which manages not had any links to traditional financial institutions because of the international sanctions .. ended 29 LINK
"The benefit of Daash gaps in Iraq's banking and financial system to make money and converted by synonymous with the hawala system."
"Revealed experts believed that the organization uses Daash banking sector in Iraq to pass a wave of speculation in global currency markets. Monthly earnings estimates as a result of this speculation about US $ 25 million."
"That is added to the income of the terrorist organization from the sale of oil and the imposition of taxes and ransoms."
"The organization takes advantage of the gaps in the Iraqi financial system to reap millions of dollars."
"And discuss international bodies concerned about the larger monitor and check auction markets to foreign currencies, especially authorized by the Central Bank of the Iraqi regime, the fact that the organization of this system is used to pass its operations and profit
As mentioned in the operational details, "the organization misappropriated funds and financial funds denominated in Iraqi dinars, which were under the management of banks and funds in compensation in the Mosul area under his control."
"It was the transfer of funds through Jordanian banks to come back again and turned to Iraq through the gray area (which were previously under the control of the organization Daash), and from there to the Iraqi official financial and banking system, and through the" hawala "system, a system for transferring funds and transfer work outside the traditional banking system. "
"Therefore, when the Iraqi monetary authorities to progress on the issuance of auction operations in foreign currencies, are pumping money regulation in these processes within the Iraqi banking system, and achieve through it the gain on exchange differences margins, to return to the transfer of funds into their areas through the system." money for the "previously mentioned, and in this way to move money within the region."
"The amount of funds resulting from these operations by about 20 to 25 million dollars a month. The majority of the money made by the organization and earned and stolen back to before 2014, especially with the invasion of Mosul and other operations in various regions of Iraq."
The military said US officials that "the frequency of reports of reduced regulation Daash fighters wages by as much as half is proof that the coalition is putting pressure on the terrorist organization."
"The average wage was cut from $ 400 to $ 200 per month."
Said Lt. Col. Steve Warren of the US Army, a coalition spokesman said that "the wages of foreign fighters, which had ranged between 600 and 800 dollars a month also reduced but it was unclear the size of this reduction."
However it seems that the "hard
He said traders in the currency in Mosul for "Reuters" that "the terrorist organization gets the hard currency through the sale of commodities produced in factories controlled by the local distributors in dollars but pays wages in dinars to thousands of fighters and public officials."
Traders added that "regulation win up to 20 percent under the preferential currency imposed last month, which lifted the dollar when exchanged for smaller denominations of the dinar rate."
An employee exchange office in Mosul, using a popular name when organizing Daash that "Daash" selling (products) for traders in dollars but pay salaries for small groups of the dinar, and the price the official determined by the Iraqi government, is worth $ 100 currently about 118 thousand dinars. "
In Mosul, the owner of exchange office, said, "The same amount equivalent to 127,500 dinars when you buy banknotes category of 25 thousand dinars, the largest circulation category locally."
The price rises to 155 thousand dinars when you buy banknotes category 250 dinars, which traded lower classes.
"Preferably organize Daash" The biggest categories for easy transfer. "
"The three other traders in the currency of these details."
Everyone has talked to "Reuters" on condition of anonymity for fear of retribution state regulation.
And prevented security restrictions in the areas controlled by the regulation without verification, "Reuters" from independent sources of it.
It was not possible to determine how much of the income derived by the organization control of the currency market.
"It was also unclear whether these practices were in place outside Mosul, the largest controlled Daash cities, whether in Iraq or in Syria."
Traders said, "The very limited transactions outside the system at more competitive prices because the organization threatened to confiscate funds violates the rules, and if there were such transactions are conducted in complete secrecy."
The organization , which manages not had any links to traditional financial institutions because of the international sanctions .. ended 29 LINK
[tlm724] Daash speculate Iraqi currency market
[tlm724] outta control
[tlm724] say the Iraqi exchange market, if Daash terrorist in the city of Mosul, works on the exploitation of the US dollar against the Iraqi dinar to achieve the greatest possible use of the local population
[tlm724] was detected involvement of al Daash in speculative operations in the foreign exchange markets,
[tlm724] "The benefit of Daash gaps in Iraq's banking and financial system to make money and converted by synonymous with the hawala system.
[tlm724] "Revealed experts believed that the organization uses Daash banking sector in Iraq to pass a wave of speculation in global currency markets.
[tlm724] pretty disgusting if ya ask me
[tlm724] earnings estimates as a result of this speculation about US $ 25 million
[tlm724] "The organization takes advantage of the gaps in the Iraqi financial system to reap millions of dollars."
[tlm724] uh huh
[cat] uh huh inside help prolly
[tlm724] I'm sure cat
[tlm724] "And discuss international bodies concerned about the larger monitor and check auction markets to foreign currencies, especially authorized by the Central Bank of the Iraqi regime, the fact that the organization of this system is used to pass its operations and profit
[tlm724] shame ! That is what we have been saying, the eyes of the world on that auction right now and that has to be why it's been so low !
http://ift.tt/1noC3lu
Comments may be made at the end of Part 3 Thank You Part 2
[tlm724] outta control
[tlm724] say the Iraqi exchange market, if Daash terrorist in the city of Mosul, works on the exploitation of the US dollar against the Iraqi dinar to achieve the greatest possible use of the local population
[tlm724] was detected involvement of al Daash in speculative operations in the foreign exchange markets,
[tlm724] "The benefit of Daash gaps in Iraq's banking and financial system to make money and converted by synonymous with the hawala system.
[tlm724] "Revealed experts believed that the organization uses Daash banking sector in Iraq to pass a wave of speculation in global currency markets.
[tlm724] pretty disgusting if ya ask me
[tlm724] earnings estimates as a result of this speculation about US $ 25 million
[tlm724] "The organization takes advantage of the gaps in the Iraqi financial system to reap millions of dollars."
[tlm724] uh huh
[cat] uh huh inside help prolly
[tlm724] I'm sure cat
[tlm724] "And discuss international bodies concerned about the larger monitor and check auction markets to foreign currencies, especially authorized by the Central Bank of the Iraqi regime, the fact that the organization of this system is used to pass its operations and profit
[tlm724] shame ! That is what we have been saying, the eyes of the world on that auction right now and that has to be why it's been so low !
http://ift.tt/1noC3lu
Comments may be made at the end of Part 3 Thank You Part 2
via Dinar Recaps - Our Blog http://ift.tt/1SrgmxW
No comments:
Post a Comment