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Central Bank of Iran Says Will Pay Tax Only on Realized Profit

Central Bank of Iran Says Will Pay Tax Only on Realized Profit Central Bank of Iran Says Will Pay Tax Only on Realized Profit

In the wake of a single urgency bill approved this week by the Majlis to tax the income of the Central Bank of Iran, the bank issued a statement late Monday, indicating that the legislation comes with “ifs and buts”. 
Despite vehement opposition from the CBI, lawmakers passed a measure on Sunday obliging the CBI to pay "50% of its profit and preliminary tax until February 4" to the treasury. 

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