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Tax on Q1 Stock Trade Rises 

Tax on Q1 Stock Trade Rises 
Tax on Q1 Stock Trade Rises 

Tax on stock and share trade reached 16.2 trillion rials ($52 million) in the first quarter (March 20-June 21) of the current fiscal year, posting 74% increase on Q1 of last year. 
Also known as financial transaction tax (FTT), tax on stock deals stood at 9.312 trillion rials ($30m) in the first three months of last year. 
FTT income reached its highest in the second calendar month ending May 21 at 6.01 trillion rials ($19m), the Central Securities Depository of Iran said. 
 

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