Millionday News 10/20/15 Part 2 of 2
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Millionday: NOTE -- THE LOANS WERE NOT ADEQUATE FOR THE ADVANCEMENT OF VALUE -- WHOOPOW
Millionday: NOTE -- THEY HAVE TO INCLUDE THE IMPORTS WITHIN THE FIGURES -- THAT IS THE STATED REASONING AND ITS IMPORTANCE AS WELL -- OBVIOUSLY FOR PROGRESS IN MANY AREAS AND REFORM
Millionday: NOTE -- READ THE OTHER IMPORTANT REASONS THIS IS SO MAJOR
Millionday: He explained that the industry that have the ability to compete food Kalsnaat, you can create joint stock companies for the purpose of launching loans and bridging the country's need of these products Kalolban, juices and other food from Canned Ajpas,
to enable the involvement of all industrialists even workers in the industrial activities of food and to ensure the creation of distribution opportunities for fair and productive to contribute in every province companies.
Millionday: NOTE -- THIS IS ALSO FOR THE STOCK MARKET GROWTH AND FOR STAKEHOLDERS
Millionday: >>>>In the next stage Vnoh expert activate other industries to be there to see one in the first stage, and the type of industries that go to it loans to be able to compete in the market, with an emphasis on non- go loans to other industries not identified in the first phase,
through market research and international industries.
Millionday: NOTE -- THE NEXT STAGE WILL INCLUDE ACTIVATING INDUSTRIES TO COMPETE IN THE MARKET -- SMILE
Millionday: and tied loans adopted by the central bank, according to Abu loaf of 0.33 percent to the industrial sector, 33% of the agricultural sector, 17 percent to the housing fund, 17 percent of the bank mortgage, of the value of (5 trillion dinars), while emphasizing the need to link lending economic policy of the country's policy.
Millionday: NOTE -- THIS WOULD BE IMO CLOSE TO THE MARKET OTHER THAN OIL WITHIN THE GDP
Millionday: In order to integrate policy loans with the integration of sectors with each, an expert need to work the agricultural sector in parallel with the industry to provide raw materials for industries adopted in the first phase, according to the Besides the preparation of studies and organization of imports,
particularly imported goods that have yet healthy, environmental and economic dimension, which leads to integration with sectoral policy loans policy, therefore animate and energize the economic cycle in the country.
Millionday: SO AS WE SEE -- THE LOANS HAVE BEEN RECLASSIFIED TO SERVE THE NEXT PHASE AND TO ENERGIZE THE ECONOMIC CYCLE IN THE COUNTRY
MGM: Why did the Nomadic Samarians chose Mesopotamia (iraq) to settle in? It wasnt oil! Their GDP had nothing to do with oil. Richest land in the world according to some
Millionday: THE MINERALS AND OTHER RICHES ARE HUGE BUT
Millionday: THE EASE IN GETTING THE OIL OUT OF THE GROUND IN IRAQ IS ALSO A HUGE PLUS FOR THEM
Millionday: THEY ARE WORKING TO CHANGE THE EASE IN SURVIVAL WITH THE DEMOCRATIC PROCESS AND HUMANITARIAN BENEFITS
Millionday: CHANGE IS ON THE WAY WITH THESE REFORMS ACCORDING TO WHAT I SEE
Millionday: A member of the governing body of the Association of Iraqi economists Akram Abdel Aziz said, that the legislation of the Income Tax Act No. 113 of 1982 will contribute to the recovery of economic development movement.
And he proceeded to the House of Representatives at its session on Monday, Act to amend the Income Tax Act No. 113 of 1982, and included, or the right to dispose of property the value of which in accordance with the provisions of the law estimate of the property value and benefits of No. 85 for the year 1978.
Millionday: NOTE -- REMEMBER THAT THE INCOME TAX LAW WAS PASSED
Millionday: It Abdul Aziz's (IMN) "The approval of the law will ease the burden on the citizen and provide him expanse of income to act in order to serve its purpose, as well as its contribution to the recovery of economic development movement and encourage other sectoral joints,"
pointing to "the need to adhere to the implementation of the paragraphs of the law and not be ignored to provide additional financial resources of the federal budget. "
Millionday: NOTE -- THE INCOME TAX IS EXPECTED TO ADD REVENUES FOR THE COUNTRY`S BUDGET AND ALSO MOVE ECONOMIC DEVELOPMENT
Millionday: And it stated that "the law will be treated the tenant treatment owner when property lease, which came at his disposal contract Musataha and progressive tax is calculated by the value of the property."
The text of the law that are exempt from the tax, first - a - fifty million of the estimated or suit the property value of this amount and distributed to companies according to their shares if the property is owned in common, and is subject to the tax Mazad on the amount of the exemption provided for in (a) of this Paragraph according to the rates of
Millionday: NOTE -- THEY ALSO PASSED PROPERTY TAX WITHIN THE LAW
Millionday: 3% up to fifty million dinars, and 4% Mazad fifty million dinars and up to a hundred million dinars, while the proportion of 5% imposed on Mazad than a hundred million dinars and up to a hundred and fifty million dinars, while rising to 6% is increased to one hundred and fifty million dinars.
Article III of the law and indicated that he canceled the dissolved Revolutionary Command Council Resolution No. 120 in 27/6/2002, and Article IV explained that the Finance Minister may issue instructions to facilitate the implementation of the provisions of this law.
Millionday: SO AS WE EXPECTED THE LAW IS WRITTEN IN % AND WILL BE CALCULATED ACCORDING TO THIS LAW
jwjd: Just my personal opinion. I feel like we are at another stand still. They talk about what they want to do in the future. But what is getting us to that point of the rate change? That is what we are all ultimately waiting for.
Millionday: THE REPORT IS TELLING WHAT THE LAW PASSED AND IN PLACE WILL DO FOR IRAQ AND THE LOAN REPORT IS TELLING US WHAT THAT COMPLETION OF RECLASSIFICATION WILL DO FOR THEM
Millionday: JW THESE ARE ALL COMPLETED LAWS
Millionday: JW -- ALL OF THESE THINGS I AM SHOWING YOU ARE COMPLETE
Millionday: BUT I AM SICK OF WAITING TOO LOL
jwjd: I am hoping these are the laws that will get us to the rate change. We appreciate all you do MD!
Millionday: THESE ARE ALL STEPS FOR THE MARKET ECONOMY GOAL THAT WILL TAKE THEM TO THE GLOBE FOR TRADE ---
Chappy: is the investment law complete.... I missed it..
Millionday: CHAPPY -- I AM STILL LOOKING THROUGH NEWS SENT TO ME
Millionday: NOTE -- THIS WAS BROUGHT TO ME BY ONE OF OUR HARD WORKING AND LOVED RESEARCHERS -- WHOOOPOW
Millionday: House of Representatives began voting on the investment law.
The draft law includes paragraph 17, and the parliamentary Committee of Economy has been completed the second amendment to the law in the thirtieth of last month, and said that the law contains provisions that will be applied for the first time in Iraq.
Millionday: SO PARLIAMENT IS REPORTING AS OF TODAY`S NEWS THAT THEY ARE WORKING ON THE INVESTMENT LAW VOTE
Pablo: Did they get the vote done, or are they still in the process?
Millionday: THEY ARE FINISHING THE AMENDMENTS ONE AT A TIME
Millionday: SOME VERY IMPORTANT ONES ARE DONE AND SOME MORE ON THE WAY -- THIS IS THE VOTE SO READINGS ONE AND TWO ARE DONE
Millionday: YW ALL THE TIME -- WOW SO MUCH DONE -- THIS IS HUGE PROGRESS FOR IRAQ -- I AM EXCITED -- TRADE AGREEMENTS BEING SIGNED AND ALSO
Millionday: THE PRESIDENT IS WORKING CONSTANT FOR THE NATIONAL RECONCILIATION CONFERENCE -- THIS IMO WILL BE AFTER IRAQ HAS OPENED FOR TRADE AND ISSUED BENEFITS ON THE SMART CARDS THAT MANY HOLD ETC
Millionday: WE WILL MEET HERE AGAIN TOMORROW NIGHT 7:30 PM
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