EghtesadOnline: A total of 547,692 cars belonging to 272,498 people are liable to pay the luxury tax, the Iranian National Tax Administration announced.

EghtesadOnline: Head of the Iranian Automobile Importers Association has called on the government to revise its definition of “luxury cars,” stating that “engine size” is not an appropriate token for classifying a car as luxurious.

EghtesadOnline: When Karim Baratov said on Facebook he’d paid off a mortgage and drove a BMW 7 series at high school, classmates thought he had rich parents. The money may have come, instead, from a secret life as a cyber hacker, including work for Russia’s top spy agency.