All income derived from Iraq is subject to tax in Iraq regardless of the residence of the recipient. In addition, income that is realised outside Iraq by Iraqi and other residents, including interest, commissions, investment returns, and profits from trading in currencies, valuable metals, and securities, is taxable if such income arises from funds and deposits held in Iraq.
Personal income tax rates
Tax rates for individuals are levied according to the following scale:
|Exceeding (IQD*)||Not exceeding (IQD)||Excess (%)|
* Iraqi dinar