Bank Accounts to Ease the Job of the Taxman: Gov’t

The recent order by the Central Bank of Iran to separate business and personal bank accounts should ease pressure on the official financial and economic sectors and put the onus on the unofficial sector, namely tax evaders, the public relations office of the Ministry of Economic Affairs and Finance said.
It said the government is resolute in identifying tax evaders and “collecting its share” while easing pressure on the beleaguered economy.
To this end, the relevant organizations are obliged to connect POS terminals used by businesses to the tax office database. This is the first phase, the second being the separation of bank accounts used by businesses for their business needs from regular accounts, the news agency quoted the ministry as saying.