POS Terminals in Breach Disabled

Central Bank of Iran has inactivated 2.5 million POS terminals across the country based on newly-passed tax regulations for POS terminals. 
Mehran Maharamian, the CBI deputy for innovative technologies, said, "Almost 4.7 million terminals and gateways had failed to provide the Iranian National Tax Administration ID information needed to file tax returns. Their profile has been completed, validated and submitted to INTA," the CBI website quoted him as saying on Sunday. 
The plan to tax POS transactions became law two years ago but has gone through ups and downs ostensibly due to technical issues. The law was passed to curb tax evasion by businesses particularly in the high income brackets.