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Gold Coin Tax Mechanism Outlined

Gold Coin Tax Mechanism Outlined
Gold Coin Tax Mechanism Outlined

An official with Iranian National Tax Administration says those who have not sold the pre-purchased gold coins or used it for reimbursing their marriage portion liabilities will be exempt from the new gold coin tax rules. 
Elaborating on a recent INTA directive about taxing gold coins, the INTA audit deputy for Tehran Province Mohsen Ebrahimi told state radio that the tax will be levied on gold coin buyers who purchased the coins from Central Bank of Iran and later sold it. 
“There is no obligation to pay tax for those who haven’t sold the coins or used them for settling their marriage portion liabilities,” IBENA quoted him as saying. 

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