Iran taxes

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…
2018-04-18 12:16
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,…
2018-01-22 12:48
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…
2017-11-01 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…
2017-10-25 14:51
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.
2017-10-23 11:31
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…
2017-10-23 10:04
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…
2017-09-17 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.
2017-08-16 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…
2017-07-29 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…
2017-07-11 05:54
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…
2017-07-05 09:37
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…
2017-06-25 10:20
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…
2017-06-23 16:44
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…
2017-06-16 08:52
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…
2017-06-06 11:36
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…
2017-05-10 08:42
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.
2017-05-09 07:54
$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…
2017-04-08 10:20
$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.
2017-03-13 12:37
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…
2017-03-07 13:34
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…
2017-03-05 16:36
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…
2017-03-04 15:57
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.
2017-02-26 12:56
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.
2017-02-26 12:45
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…
2017-02-25 13:54
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…
2017-02-22 16:37
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…
2017-02-17 07:50
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…
2017-02-07 05:47
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.
2017-02-06 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…
2017-01-30 15:18