Islamic State’s New Taxes and Fines Indicate Worsening Financial Situation, IHS Says

Dateline City:
LONDON

Revenue from taxation has decreased by 23 percent; $18 a month per household charge for electricity and water, but $100 fine and lashings for possessing alcohol

LONDON--(BUSINESS WIRE)--In response to their worsening financial situation, the Islamic State is continuing to increase, taxes and fines throughout its territory and in some cases introducing new ones. New analysis released today by IHS Inc. (NYSE: IHS), the leading global source of critical information and insight, reveals new information on the group’s centralized and pervasive taxation system.

Language:
English
Contact:

IHS Inc.
Amanda Russo, +44 781 460 3420
amanda.russo@ihs.com
or
Press Team, +1 303-305-8021
press@ihs.com

Ticker Slug:
Ticker:
IHS
Exchange:
NYSE

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