Journal of college of Law for Legal and Political Sciences

Abstract

Abstract

State tax policy is pursuing several methods in order to achieve the objectives of the particular economic and social, and most important methods are the concession or incentive taxation policy which is permanent or temporary exemptions, the generosities legally prescribed in the legislation of tax and non-tax to achieve full use or access and exploitation of human resources and better revenue collection therefore preliminary support of Treasury and State economic goals also including support for economic development in the community.
Concession policy governs and fiscal stimulus, usually in tax legislation and even non-tax as investment law, for example, a waiver from the State for part of the right to tax the interest charge towards the State objectives of following this method, and in this sense we find the critical importance of this issue and its economic and social development, but that such a policy part parcel of policy of the State financial and economic policy also relies on the best specific expansion and diversification in patterns of economic activity, both industrially and commercially, and having a widespread impact on prices And economic competition, production and affects the activity responsible for investment and to attract foreign capital and local development, as well as their positive and negative effects at the same time, however, the positive ones the widest range of recent and have a range in the application under Iraqi legislation on income tax and real estate and investment law in force, particularly from Iraq and the effects of this policy on the economic side of the extent up to the economic level of society or the contrary, these applications also at policy Global tax and investment laws legislation