IQIraqIraq GCT 15% TaxTaxes

Iraq Corporate Income Tax Calculator 2026 (GCT 15% & 35%)

Calculate Iraq corporate income tax under General Commission for Taxes (GCT): 15% standard rate for companies and 35% for oil & gas contracts.

Calculator Inputs

Live Real-Time
IQD
Quick select:
Calculated ResultIraq GCT 15% Tax

Corporate Tax Payable

15,000,000IQD

Post-Tax Retained Profit

85,000,000 IQD

Detailed Calculation Breakdown

Taxable Profit
100,000,000 IQD
Tax Due
15,000,000 IQD
Retained Profit
85,000,000 IQD

Calculation Methodology

Tax = Taxable Net Profit × (15% Standard or 35% Petroleum).

Important Legal & Educational Disclaimer

Iraq General Commission for Taxes levies a flat 15% corporate tax on net taxable profit of standard limited/joint stock entities (35% for petroleum sectors).

This calculator is designed for educational and informational purposes only based on public statutory frameworks. The outputs do not constitute binding financial, tax, or legal advice. We assume no liability for decisions made based on these estimations. Always verify with the relevant official authorities or a certified professional advisor.

Frequently Asked Questions

15% standard flat rate on taxable corporate net profit.
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