Iran taxes
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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…
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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…
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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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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…
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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…
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Iran Manufacturing Sector Takes Brunt of Tax Hikes
EghtesadOnline: Despite tax relief for retailers and large state entities, the manufacturing sector, which is struggling with a prolonged recession, has been levied tax hikes on several occasions…
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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 Administrat…