27 October 2016 Iraqi Kurdistan's Tax Authority begins to apply penalties for late tax payments The Tax Authority of the Kurdistan Region of Iraq (KRI) has started communicating to taxpayers and their authorized representatives that the Tax Authority is now applying tax late payment penalties in accordance with the income tax law of the Republic of Iraq (the income tax law as applied in Iraq at-large, outside the Kurdistan Region of Iraq). Income Tax Law No. 113 of 1982 (as amended) applies throughout the Republic of Iraq unless otherwise modified by a Region's legislature as per Iraq's constitution. Accordingly, the tax law adopted by the Kurdistan Regional Government (KRG) legislature for application in the KRI is based on federal Iraq tax law with certain amendments and variations. Document ID: 2016-1818 |
