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Next Tax Structure Eyes Car Owners: Iran Budget 2019-20

In the coming fiscal that begins in March, the government expects to generate 99 trillion rials ($926 million) from taxes and duties on car production and imports along with auto-related services plus traffic and driving tickets
Next Tax Structure Eyes Car Owners: Iran Budget 2019-20 Next Tax Structure Eyes Car Owners: Iran Budget 2019-20

In the coming fiscal that begins in March, the government expects to generate 99 trillion rials ($926 million) from taxes and duties on car production and imports along with auto-related services plus traffic and driving tickets. 
As per the 2019-20 budget bill submitted to the Majlis last week by President Hassan Rouhani and published on the website of the Plan and Budget Organization (PBO), the government expects to make 40 trillion rials ($374 million) in traffic and driving fines. The amount accounts for 40% of the government’s $926 million projected income from the huge auto sector.
Iranian drivers are notorious for flouting driving rules and disregarding safety measures. 

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