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Iran's Tax Incentives to Promote Exports

EghtesadOnline: The government of President Hassan Rouhani has provided wide-ranging tax incentives to promote manufacturing, investment and non-oil exports, the head of the Iranian National Tax Administration said.
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Publish Date:17/February/2017 | 07:50

VAT to Give Way to Consumption Tax

EghtesadOnline: Consumption tax will replace value added tax as of next year (March 2017-18) as per a motion proposed by the Majlis Joint Budget Commission.
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Publish Date:06/February/2017 | 14:49

Tax Debt Rules for Loan Applicants Eased

EghtesadOnline: Iran’s National Tax Administration has issued a directive based on which legal entities and individuals can receive higher amounts of bank credits without having to first clear their tax debts.
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Publish Date:30/January/2017 | 15:18

Iran's Income Tax Exemption Determined

EghtesadOnline: As decided by Majlis Joint Commission last week, Iranians with an annual income of less than 240 million rials ($6,220) will be exempt from paying income tax in the next Iranian year (March 2017-18), the commission’s spokesman said.
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Publish Date:29/January/2017 | 13:26

New Tax Rates for Tobacco, Cigarettes

EghtesadOnline: Members of the Iranian Parliament approved on Saturday cigarette and tobacco tax rates, as part of the sixth five-year development plan (2016-21).
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Publish Date:15/January/2017 | 19:28

Individuals, Businesses Taking Big Loans Liable for Taxation

EghtesadOnline: Iran’s National Tax Administration has issued a new directive to the banking system, devising a ceiling for loans and a slew of other banking services for taxing individuals and businesses.
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Publish Date:09/January/2017 | 15:00

A Shot in the Arm of Cooperatives

EghtesadOnline: Cooperatives will be granted 100% waiver on penalties provided they pay their taxes by the end of the current Iranian year (March 20, 2017), the head of Iran’s National Tax Administration, Kamel Taqavinejad, was quoted as saying by Mehr News Agency.
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Publish Date:22/December/2016 | 11:40

Acute Deficiencies in Iran’s Budgetary System

EghtesadOnline: Budget deficit, the mismatch between the government’s spending commitments and what it is projected to earn in oil revenues, taxes and other sources of income, has been a way of life for Iranian governments for most years since the early 2000s.
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Publish Date:18/April/2018 | 24:16

Measures to Combat Tax Evasion

EghtesadOnline: All payments and transactions pertaining to people’s bank accounts dating back to the beginning of the previous fiscal year in March 2016 will be disclosed to the Iranian National Tax Administration, the head of the Majlis Economic Commission announced.
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Publish Date:01/November/2017 | 06:16

Home Truth: Oil Bonanza Unsustainable, Pay Taxes

EghtesadOnline: A prominent Iranian economist said tax revenues would become a dependable source of income for the country, if they increase to 12% of the gross domestic product in three to four years to reach 1,500 to 2,000 trillion rials ($37.5-50 billion) per annum.
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Publish Date:25/October/2017 | 14:51

Iran's Tax Collection Again Rise Over Oil Export Earnings

EghtesadOnline: T he government’s tax revenues once again exceeded its those from the exports of oil and petroleum products in the four months of the current fiscal year (March 21-July 22), in line with President Hassan Rouhani’s economic strategy to boost tax revenues.
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Publish Date:17/September/2017 | 05:03

Iran's Tax Collection Again Rise Over Oil Export Earnings

EghtesadOnline: T he government’s tax revenues once again exceeded its those from the exports of oil and petroleum products in the four months of the current fiscal year (March 21-July 22), in line with President Hassan Rouhani’s economic strategy to boost tax revenues.
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Publish Date:17/September/2017 | 05:03

Taxman Watching Ride-Hailing Companies

EghtesadOnline: The outgoing Telecoms Minister Mahmoud Vaezi, has called for addressing the “unclear status” of taxing online businesses like the ride-hailing apps, Snapp and Tap30.
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Publish Date:16/August/2017 | 10:02

Taxman Watching Ride-Hailing Companies

EghtesadOnline: The outgoing Telecoms Minister Mahmoud Vaezi, has called for addressing the “unclear status” of taxing online businesses like the ride-hailing apps, Snapp and Tap30.
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Publish Date:16/August/2017 | 10:02

Iran Among Most Tax Attractive Emerging Markets

EghtesadOnline: Every week, press updates confirm the growing commercial interest of first class international groups in entering the Iranian market-whether it’s the US green light for export licenses to Airbus and Boeing, Renault’s joint venture, Peugeot’s extensive manufacturing contracts, or the return of major energy, oil and gas and infrastructure players to the market.
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Publish Date:29/July/2017 | 08:44

Iran Offers Wide-Ranging Tax Breaks to Prop Up Businesses

EghtesadOnline: Manufacturing and mining businesses are eligible for tax holidays for five to 10 years as part of incentives to shore up investment in these sectors, the head of Iranian National Tax Administration said.
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Publish Date:11/July/2017 | 05:54

More Tax Revenues in Budget Face Collection Challenges

EghtesadOnline: The budget for the upcoming Iranian year (starting March 20, 2017) stipulates that the government will earn 1.13 quadrillion rials ($29.89 billion) from taxation–21% more than what is expected this year, the head of Iran Chamber of Commerce, Industries, Mines and Agriculture said.
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Publish Date:25/February/2017 | 13:54

Tax Revenues Reach $20b, Rising 18 Percent

EghtesadOnline: The Iranian National Tax Administration has earned 810 trillion rials ($20.9 billion) in tax revenues so far in the current Iranian year (started March 20, 2016), according to its chief Kamel Taqavinejad.
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Publish Date:07/February/2017 | 05:47

Economy Minister Reiterates Business-Friendly Strategy

EghtesadOnline: Economy Minister Ali Tayyebnia said the administration of President Hassan Rouhani has come a long way to salvage the country's economy from years of inefficiency and mismanagement by implementing reforms in key areas. These reforms, according to him, focus on supporting private enterprise, organizing the government's massive debts and overhauling the tax system.
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Publish Date:16/January/2017 | 04:59

Iran’s tax revenues hit $18B in 8 months

EghtesadOnline: Iran’s tax revenues amounted to 582.8 trillion rials ($18 billion based on official rate of each 32,369 rials per USD) in the first eight months of the current Iranian fiscal year (March 20-Nov. 21, 2016), Central Bank of Iran (CBI) reported.
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Publish Date:14/January/2017 | 15:15