The effect of customs revenues on public revenues according to economic development plans in Iraq

Tiba Aqeel Abd, Assistant PROF. Hazzaa Dawood Salman PhD

Abstract

The aim of the research is to determine the percentage of customs revenues in public revenues. Assuming that the customs revenues change their contribution to the public revenues in Iraq, according to the economic development plans, and affect the public revenues. The study concluded that the importance of customs revenues in the general revenues for the period 2004-2019 averaged (0.67). The value of flexibility in the short term was (0.456255), which means that an increase in customs revenues by (1%) leads to a rise in public revenues by (45.6%). Which means that the customs revenues had a positive impact on public revenues. As for the long-term, the relationship is also direct, which explains the importance of customs revenues, as the flexibility reached (0.849), and this means that an increase in customs revenues by (1%) leads to a rise in public revenues by (84%).

The most important recommendations were to take measures and include economic plans in financial plans to increase the contribution of customs revenues to public revenues and diversify revenues.

Keywords

economic development plansIraqi customs revenues

References

] Abdel Latif, Bara Munther (2016) The Role of Customs Legislation in Activating the Private Sector) Nekrit University Journal, Special Issue of the International Conference (Fourth National Conference), Part OneGoogle Scholar ↗
] Al-Tamimi, A H Y , & Flayyih, H H 2013 Using Benford’s law to detecting earnings management Application on a sample of listed companies in the Iraqi market for securities. Journal of Economics and Administrative Sciences, Volume 19, Issue 73, Pages 484-511. https://www.iasj.net/iasj/journal/29/issuesGoogle Scholar ↗
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] Cabinet Decisions: Extinguishing Tax Debts on Operating Profits of Manifested Production Vehicles, Al Bayan Newspaper, 20/2/2014, p. 2, Internet: www.albayain.comGoogle Scholar ↗
] Flayyih, H. H. (2015a). Enhance financial reporting of companies to use economic value added. Journal of Baghdad College of Economics, 43, 379–408.Google Scholar ↗
] Flayyih, H. H. (2015b). Evaluate the financial performance of the economic entities Using the economic value added An Empirical Study in State Company. Third Conference of the Federal Financial Control Bureau, 1–19.Google Scholar ↗
] Flayyih, H. H. (2016). Factors affecting of the audit quality And its role in enhancing dimensions that is quality. Journal of the Accountant, 23(46), 201–219.Google Scholar ↗
] Flayyih, H. H., Al-Mufraji, S. H., & Alhelle, M. H. (2019). Islamic Banks: Basic Concepts and Applied Cases.Google Scholar ↗
] Hamad Mohammed. Muhammad Sami, Evaluating the financial performance of the Iraqi customs in light of financial reform, Dinars Magazine, 2017, No. 23, p. 755Google Scholar ↗
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] Iraqi Central Bureau of Statistics, 2004-2019.Google Scholar ↗
] Iraqi Electronic Commerce Journal, 2019:2Google Scholar ↗
] Jassim Thanoun Ali Al-Atrakji, The necessity of activating the Customs Tariff Law No. (22) of 2010, Al Mada Daily newspaper, The Economic File, Baghdad, 3/21/2011, p.1, www.news.almada, onlineGoogle Scholar ↗
] Ministry of Justice, The Iraqi Gazette, Iraq: Baghdad, two issues (3047 on May 27 1985 and 3097 on May 12 1986, separate pages).Google Scholar ↗
] Muntazer Fadel. Muhammad Jawad, The Financial Effects of Customs Taxes in the Iraqi Economy, The Arabian Gulf Magazine, No. 44, Volume 3, pp. 10-12.Google Scholar ↗
] Qabas Hassan Awad Al Badrani, New Customs Points and the Imposition of Customs Tax between Iraqi Cities, Legal Discussion, 2018 - p. 2.Google Scholar ↗
] Republic of Iraq, Ministry of Finance, Budget Department, General Customs Authority, Customs Tax Department for the years 2005-2017.Google Scholar ↗
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[refR-1] ] Abdel Latif, Bara Munther (2016) The Role of Customs Legislation in Activating the Private Sector) Nekrit University Journal, Special Issue of the International Conference (Fourth National Conference), Part OneGoogle Scholar ↗

[refR-2] ] Al-Tamimi, A H Y , & Flayyih, H H 2013 Using Benford’s law to detecting earnings management Application on a sample of listed companies in the Iraqi market for securities. Journal of Economics and Administrative Sciences, Volume 19, Issue 73, Pages 484-511. https://www.iasj.net/iasj/journal/29/issuesGoogle Scholar ↗

[refR-3] ] Cabinet Decisions: Amortizing Tax Debts on Operating Profits Al-Munaisin Newspaper Al Bayan, 02/20/2014, pg. 2, Internet: www.albayain.comGoogle Scholar ↗

[refR-4] ] Cabinet Decisions: Extinguishing Tax Debts on Operating Profits of Manifested Production Vehicles, Al Bayan Newspaper, 20/2/2014, p. 2, Internet: www.albayain.comGoogle Scholar ↗

[refR-5] ] Flayyih, H. H. (2015a). Enhance financial reporting of companies to use economic value added. Journal of Baghdad College of Economics, 43, 379–408.Google Scholar ↗

[refR-6] ] Flayyih, H. H. (2015b). Evaluate the financial performance of the economic entities Using the economic value added An Empirical Study in State Company. Third Conference of the Federal Financial Control Bureau, 1–19.Google Scholar ↗

[refR-7] ] Flayyih, H. H. (2016). Factors affecting of the audit quality And its role in enhancing dimensions that is quality. Journal of the Accountant, 23(46), 201–219.Google Scholar ↗

[refR-8] ] Flayyih, H. H., Al-Mufraji, S. H., & Alhelle, M. H. (2019). Islamic Banks: Basic Concepts and Applied Cases.Google Scholar ↗

[refR-9] ] Hamad Mohammed. Muhammad Sami, Evaluating the financial performance of the Iraqi customs in light of financial reform, Dinars Magazine, 2017, No. 23, p. 755Google Scholar ↗

[refR-10] ] http://www.wcoomd.org)/ (Iraq Customs gets ready for modernizationeads to a rise in public revenues by (84%).Google Scholar ↗

[refR-11] ] Iraqi Central Bureau of Statistics, 2004-2019.Google Scholar ↗

[refR-12] ] Iraqi Electronic Commerce Journal, 2019:2Google Scholar ↗

[refR-13] ] Jassim Thanoun Ali Al-Atrakji, The necessity of activating the Customs Tariff Law No. (22) of 2010, Al Mada Daily newspaper, The Economic File, Baghdad, 3/21/2011, p.1, www.news.almada, onlineGoogle Scholar ↗

[refR-14] ] Ministry of Justice, The Iraqi Gazette, Iraq: Baghdad, two issues (3047 on May 27 1985 and 3097 on May 12 1986, separate pages).Google Scholar ↗

[refR-15] ] Muntazer Fadel. Muhammad Jawad, The Financial Effects of Customs Taxes in the Iraqi Economy, The Arabian Gulf Magazine, No. 44, Volume 3, pp. 10-12.Google Scholar ↗

[refR-16] ] Qabas Hassan Awad Al Badrani, New Customs Points and the Imposition of Customs Tax between Iraqi Cities, Legal Discussion, 2018 - p. 2.Google Scholar ↗

[refR-17] ] Republic of Iraq, Ministry of Finance, Budget Department, General Customs Authority, Customs Tax Department for the years 2005-2017.Google Scholar ↗

[refR-18] ] Republic of Iraq, Ministry of Planning, Development Plan (2018-2022).Google Scholar ↗

[refR-19] ] Republic of Iraq, Ministry of Planning, Development Plan, (2013-2017).Google Scholar ↗

[refR-20] ] Republic of Iraq, Ministry of Planning,Development Plan(2010-2014(.Google Scholar ↗

[refR-21] ] Sattar Jaber Omran, The Problematic of Implementing Tariff Law No. 22 of 2010 in Iraq, Journal of the University College of Heritage, No. 18, p. 343.Google Scholar ↗

[refR-22] ] Sonia Arozoni, The Economic Role of Customs Taxes in Iraq, Al-Ghari Journal of Economic and Administrative Studies, University of Basra, 2016, p. 65.Google Scholar ↗

[refR-23] ] The General Customs Authority, Iraq 2019: pg 4.Google Scholar ↗

[refR-24] ] The World Bank, 2016: pg. 4.Google Scholar ↗