Abstract

The study aims to analysis of the accounting mechanism for tax laws, including Law No. (162) for the year 1959 The rate to be evaluated in light of the economic developments that have passed in our economy, especially in the circumstances of the Corona pandemic. In addition to drawing attention to the flaws and problems of its application, the research problem focused on answering the following question: Is the accounting mechanism for property tax according to the appropriate law now in light of changing economic conditions? To answer the question, a number of applied cases were studied, a sample of residential and commercial rental properties within selected residential neighborhoods in Baghdad belonging to the Karkh al-Tarfa branch, one of the branches of the Public Tax Authority. The research found a decrease in real estate revenues, as economic changes affected the application of the accounting mechanism according to the real estate tax law.