Increase in stock market trade has created a source of tax revenue for the government, the top tax official in Tehran said.
According to Omid-Ali Parsa, head of the Iranian National Tax Administration, tax on share trade generated 130 trillion rials ($560 million) since the beginning of current fiscal year last March.
Tax income in this category was more than 450% higher than the projected 23 trillion rials ($100 m) in the March 2020-2021 budget.
Add new comment