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29 July 2016

Iraqi Kurdistan Regional Government's Tax Authority issues new circular to clarify personal income tax obligation of oil and gas companies operating in KRI under Production Sharing Contract

The Kurdistan Regional Government's (KRG) Tax Authority (TA) of the Kurdistan Region of Iraq (KRI) made public Circular No. 2144 (the Circular) on July 25, which was issued to its Corporate Income Tax Directorates in Erbil, Sulaimaniyah, and Duhok on July 20. The Circular clarifies the KRG TA's position regarding the application of the personal income tax payment obligation to the local and expatriate employees of oil and gas companies operating in the KRI, including those working under production sharing contracts signed with the KRG's Ministry of Natural Resources.

A Tax Alert prepared by Ernst & Young Jordan, and attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2016-1301

Document ID: 2016-1301

 

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