THE REALITY AND ANALYSIS OF TAX FINANCING FOR THE GENERAL BUDGET IN IRAQ FOR THE PERIOD (2004-2021)

Abstract

Taxes are considered one of the most important sources of public revenues in financing the general budget in Iraq, because through them, financial revenues can be provided to finance public expenditures because they are stable compared to other revenues such as oil revenues. The financial policy in the country through which it can solve economic problems such as inflation and solve social problems through the redistribution of income among members of society. The research reached a set of conclusions and recommendations. Economic and social objectives, the presence of cases of double taxation in some tax laws and legislations that lead to tax evasion, the low importance of the percentage of tax revenues in public revenues in Iraq during the study period (2004-2021), as the average contribution percentages reached (3.469%) from a group public revenue. As for the recommendations, the most important of them is that we must diversify the sources of public revenues in Iraq and pay attention to tax revenues and increase interest in the industrial, agricultural and commercial sectors because they lead to an increase in the size of the tax base, relying on a consistent and unified tax system for taxes that helps to implement tax laws and legislation effectively.