Source-cited draft: corporate income tax for Iraq (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review.
OpenAccountants prepares, checks and files company and personal returns in Iraq, before the deadline. Start with a free 30-minute call.
Built by Michael Cutajar and the OpenAccountants team. Written from the official sources it cites.
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Every figure is drawn from this Guide and cited to its source.
Standard corporate income tax rate
15%Income Tax Law No. 113 of 1982 — https://taxsummaries.pwc.com/iraq/corporate/taxes-on-corporate-income
Oil & gas sector corporate tax rate
35%Income Tax Law No. 113 of 1982 — https://taxsummaries.pwc.com/iraq/corporate/taxes-on-corporate-income
Tax base
Net profit from Iraq-source income, determined under the Iraqi unified accounting system (GAAP)Income Tax Law No. 113 of 1982 — https://taxsummaries.pwc.com/iraq/corporate/tax-administration
Withholding tax on dividends
0%Income Tax Law No. 113 of 1982 — https://taxsummaries.pwc.com/iraq/corporate/withholding-taxes
Withholding tax on interest to non-residents
15%Income Tax Law No. 113 of 1982 — https://taxsummaries.pwc.com/iraq/corporate/withholding-taxes
Withholding tax on interest between residents
1.8% to 10%Income Tax Law No. 113 of 1982 — https://taxsummaries.pwc.com/iraq/corporate/withholding-taxes
Withholding tax on royalties (KRI)
15% applied to a 75% deemed-profit baseKurdistan Region Income Tax administration — https://taxsummaries.pwc.com/iraq/corporate/withholding-taxes
Withholding tax — non-upstream oil & gas contractors
3.3% or 7% on all paymentsIncome Tax Law No. 113 of 1982 — https://taxsummaries.pwc.com/iraq/corporate/withholding-taxes
Corporate return filing deadline
31 May of the assessment yearIncome Tax Law No. 113 of 1982 — https://taxsummaries.pwc.com/iraq/corporate/tax-administration
Corporate tax payment deadline
Within 3 days of the assessment date issued by the tax authorityIncome Tax Law No. 113 of 1982 — https://taxsummaries.pwc.com/iraq/corporate/tax-administration
Advance / instalment payments
No quarterly or advance payment requirement during the tax yearIncome Tax Law No. 113 of 1982 — https://taxsummaries.pwc.com/iraq/corporate/tax-administration
Mandatory tax inspection
A tax inspection is required to determine the liability and issue a tax clearance certificateIncome Tax Law No. 113 of 1982 — https://taxsummaries.pwc.com/iraq/corporate/tax-administration
Statute of limitations
5 years (extendable by the authority in certain cases)Income Tax Law No. 113 of 1982 — https://taxsummaries.pwc.com/iraq/corporate/tax-administration
Rendered from the canonical facts model. General reference only — confirm with a qualified professional before acting.
Iraq applies a flat 15% corporate income tax on all profit levels, with a special 35% rate for the oil and gas production sector. Tax is assessed on Iraq-source income and is finalised through a mandatory tax inspection.
OpenAccountants prepares, checks and files company and personal returns in Iraq, before the deadline. Start with a free 30-minute call.
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Other Iraq computations in the OpenAccountants Tax Library.
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