The Legal System for Tax Exemptions for Investment Projects in Iraq and Iran

     The tax system in Iraq and Iran plays an important role in the process of attracting investment projects to serve money in the investment market for each of the two countries, through the incentives stipulated in the legal texts that motivate the investor and motivate him to undertake various projects, and these incentives are represented in taxes with tax exemptions. What the investor obtains, especially since this issue was addressed by the Iraqi legislator and the Iranian legislator and paid great attention, as taxes today play an important role in all aspects of economic, social and political life and have future goals and objectives that serve the public interest.The importance of these effects has grown with the expansion of state activities and the growth of its intervention, and the development of the concept of government financing. Or fiscal policy, not to mention the fact that taxation has become a global issue. The research tagged (the legal system for tax exemptions for investment projects in Iraq and Iran) aims to study and analyze the impact of tax exemptions on encouraging investment and attracting capital and directing it to serve the country’s economic activity in a way that increases the possibility of development by reducing tax exemptions. This is what Iraq is witnessing today in terms of economic openness to the world through activating and encouraging investment, and also what the situation in Iran is witnessing from an economic blockade, so it needs legal legislation that encourages investors and provides guarantees and legal protection for them, Why is this of paramount importance in the flow of investments. The study recommended a set of recommendations, including: The tax system forms part of the investment climate, but the tax exemption, although it is an attractive element for investments, is not the only element. The exemption must be studied before it is granted, and it is preferable to grant the exemption to investment projects depending on the nature of the investments. Among the important findings of the study: Tax exemptions have a significant and encouraging role for projects in both Iraq and Iran.