Income Tax for Legal Persons in Iraqi Law

Humanity lived in its infancy with no clear common needs, but with the emergence of families, groups, and tribes, the need for common needs arose. To achieve this, money must be paid, and these costs must be financed. The government has moved from a government whose responsibilities are limited to defense, security, and the administration of justice to government intervention in aspects of economic and social life. Ensuring economic and social stability and equilibrium and advancing the development process through the use of various fiscal and economic policies affect economic, social and political activities. Therefore, the government has increased the need for new financial resources to respond to the developed jobs. Taxes are one of the most important financial factors that help the government in providing these resources and directing them based on fiscal and economic policies to achieve the set goals. The problem with the research is the lack of independent tax regulations for companies in the Iraqi Income Tax Law, because the regulations related to them, although different in some respects, do not fit within the framework in general. The importance of research stems from the role that this group of taxpayers play in the field of income tax, based on its large impact on the volume of tax revenues, which is a very important source for financing the general treasury and economic growth. In each country, we have come to the conclusion that if the center of gravity is balanced with other public revenues to support the government budget and achieve economic development and assist the government in carrying out its day-to-day tasks to meet the needs of the general public, a tax Is public income. Due to his share and exemption and allowance. One of the most important proposals is the introduction of an integrated income tax so that tax policy can determine its basis, and usually the amount of fines that are not commensurate with the amount of tax should be considered.