Income Tax Law on Foreign Oil Companies, Law No. 19 of 2010

Scope

Imposes income tax on foreign oil companies contracting to work in Iraq, applying a 35% rate in place of the ordinary 15% corporate rate where the company's activity and contractual scope fall within the law.

This page is a summary prepared for orientation. The operative text is the instrument as published, together with any amending orders and implementing instructions. Confirm the current version and the practice of the administering authority before relying on it for a filing.