INTA Extends Penalty Relief Deadline

EghtesadOnline: The Iranian National Tax Administration has extended the deadline for its tax forgiveness initiative until Oct. 26, says Omid Ali Parsa, the director of the administration.

News ID: ۷۸۴۹۶۸

26 October 2019

As per the tax forgiveness program, taxpayers who file past tax returns before the aforementioned date would be eligible for 100% forgiveness of all their tax penalties, Fars News Agency reported.

Latest data show the government earned more than 240 trillion rials ($2.12 billion) in tax revenues during the first quarter of the current Iranian year that began on March 21, indicating a 28% rise compared with the corresponding period of last year.

Last year, a total of 1,090 trillion rials ($9.64 billion) were generated from taxation, Financial Tribune reported.