Business And Markets

Gov’t Says Improving Tax Collection System

Gov’t Says Improving  Tax Collection System
Gov’t Says Improving  Tax Collection System

To streamline tax regime and improve collections, the Central Bank of Iran says about 8.5 million point-of-sale terminals and payment gateways are now connected to electronic portals of the Iranian National Tax Administration (INTA).  
Transactions via these payment instruments are directly relayed to the tax authority giving it a clear picture about the income of businesses. 
“The CBI has deactivated 2.5 million POS terminals and payment gateways whose users did not comply with the tax regulations” Davoud Mohammad-Beigi, head of CBI's Department of Payment Systems was quoted by Ebinews, the news agency covering e-banking. 


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