10% Tax on Healthcare Providers’ Fees Next Year

EghtesadOnline: As per the budget bill for the next Iranian year (March 2020-21), all healthcare centers, including public or private-run health clinics and facilities as well as charity medical centers or those affiliated to the Armed Forces and state companies have been obliged to deduct 10% of their physicians’ fees and pay it in taxes to the Iranian National Tax Administration.

News ID: ۷۸۵۱۴۰

18 December 2019

President Hassan Rouhani submitted the new budget bill to the parliament earlier this month—a document which, according to him, is indicative of the country’s tenacity and resistance in the face of US sanctions.

The government's operating budget for the upcoming fiscal year indicates an 8% expansion compared with the corresponding figure in the budget law of the current year.

It's noteworthy to consider the inflation in Iran. The Statistical Center of Iran's latest report shows the average goods and services CPI in the 12-month period ending Nov. 21 increased by 41.1% compared with last year’s corresponding period, Financial Tribune reported.

Having said that, the next year's budget will be contractionary.

In view of budget constraints emerging from the imposition of unilateral US sanctions, the government has sought to reduce its spending while increasing its revenue sources.