Iran taxes
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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…
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Iran: $1.5b Collected From Newly Identified Taxpayers
EghtesadOnline: A total of 70 trillion rials ($1.5 billion) have been earned during the first eight months of the current fiscal (started March 21, 2017) from newly identified economic operators,…
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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…
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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…
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Tax Administration Defends Monitoring of Bank Transactions
EghtesadOnline: Head of the Iranian National Tax Administration Kamel Taqavi-Nejad said it’s perfectly legal for the administration to monitor banking transactions to prevent tax evasion.
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Iran: Taxman's H1 Income Hits $12b
EghtesadOnline: The Iranian National Tax Administration has collected 480 trillion rials ($12 billion) in tax and duties in the first half of the current Iranian year (March 21-Sept. 22), the…
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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…
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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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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…
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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…
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Tax Exemption Key to FDI Absorption
EghtesadOnline: Based on the experience of countries that succeeded in absorbing foreign direct investment, incentives such as tax exemption, investment guarantees and customs facilitation play…
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Closing Tax Loopholes in Professional Sports
EghtesadOnline: For more transparency on the tax paid by football players, the Tax Administration of Tehran Province has tasked Iran Football League Organization to post all contracts on its…
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INTA Claws Back $1.33b From Tax Evaders
EghtesadOnline: The fight against tax evasion led to the reimbursement of over 50 trillion rials ($1.33 billion) in tax revenues in the last fiscal year (March 2016-17), the chairman of Iranian…
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INTA: New Taxes Not to Raise Home Prices
EghtesadOnline: The new property taxes are in line with constructors' incomes and the state of housing market, therefore it will not impact home prices, the chief of Iranian National Tax Administratio…
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Foreign Banks’ Tax Rebate Under Consideration
EghtesadOnline: The government’s new tax bill–sent to the parliament in March–to enlarge the value added tax exemption list to include insurance firms and foreign banks’ services has now been…
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VAT, Withholding Tax Not Part of Astan Quds Exemptions
EghtesadOnline: Exemptions granted to Astan Quds Razavi and its affiliated companies do not include withholding tax and value added tax, citing a decree by the Leader of Islamic Revolution Ayatollah…
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INTA Prioritizes Fight Against Tax Evasion
EghtesadOnline: The fight against tax evasion will be the main goal pursued by the Iranian National Tax Administration in the current Iranian year (started March 21), INTA’s chief said.
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$342m Collected From New Taxpayers
EghtesadOnline: The Iranian National Tax Administration collected 13 trillion rials ($342.1 million) from new taxpayers in the last Iranian year (March 2016-17), according to INTA’s chief, Seyyed…
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$30b Tax Income Next Year
EghtesadOnline: The budget law of the upcoming fiscal year (March 2017-18) has projected 1,150 trillion rials ($30.59 billion) in tax and customs revenues.
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Parliament Votes to Extend Value Added Tax Law
EghtesadOnline: Legislators on Sunday extended the enforcement of value added tax for the upcoming fiscal year (starting March 21) and dropped the newly-proposed article narrowing the tax base…
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INTA Against Replacing VAT With Consumption Tax
EghtesadOnline: Chairman of Iranian National Tax Administration Seyyed Kamel Taqavinejad believes scuttling the value added tax and replacing it with consumption tax, as proposed by Majlis Joint…
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Rise in Tax Collection
EghtesadOnline: The Iranian National Tax Administration collected 720 trillion rials (over $19 billion) in tax during the 11 months to February 18, registering a 26% increase compared with the…
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Iran Gov't Declares Auto Tax Earnings
EghtesadOnline: The Central Bank of Iran has released the government's income from taxes in the automotive sector for the nine-month period ending December 20, 2016.
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Tax Exemption for Civil Servants
EghtesadOnline: Lawmakers in the Iranian Parliament approved on Saturday income tax exemption for civil servants who earn less than 20 million rials (about $530) a month.
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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…
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Suspicious Bank Activities Under Scrutiny
EghtesadOnline: A new directive concerning direct tax regulations has been issued, which enables the Iran National Tax Administration to identify taxpayers and their incomes, announced an official…
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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…
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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…
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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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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…