Tax Incentive for POS Devises

The Iran National Tax Administration announced tax exemptions for businesses that register their POS terminals before February 21. 
"We have extended the deadline for registering POS payment gateways by one month. Those who fail to comply will not be eligible for government incentives and will be fined and their gateways will be suspended," Mohammad Barzegari, an official with the INTA, said, ebinews.com reported. 
Law-abiding businesses will be eligible for a one-time tax exemption up to 360 million rials, Barzegari said.