Imposing Taxes and Fees on and Entering Goods and Their Intersection While Encouraging Investment

This study comes in light of the growing role of investment in the modern economy, the issuance of the investment law, which the Iraqi legislator wanted to put in place many legal facilities and permissions in order to attract foreign capital and encourage the national investor to embark on investment projects in Iraq, and that the Iraqi legislator fell into a defect as it is Among those allowances that can be granted to investors is the period of exemption from taxes and fees and exempting goods and services from those taxes and fees, which caused an intersection and conflict between Investment Law No. 13 of 2006 and Income Tax Law No. 113 of 1982 and Iraqi Customs Law No. 23 of 1984 since the two mentioned laws are specific to imposing Taxes and customs fees, and that the exemption from taxes and fees in the investment law is considered an intersection, conflict and overlap between the memorandum laws, not to mention the effects of the allowances granted to the foreign and national investor alike. And that this exemption will lead to a decrease in the public revenues obtained as a result of imposing and levying duties, taxes and customs taxes.