Business And Markets

Iran: Banks Helps Tax Collection

Iran: The Taxman Gets Tough    Iran: The Taxman Gets Tough

The taxman is looking at bank accounts with high turnovers to detect cases susceptible to tax evasion, said an official with the Iranian National Tax Administration. 
“The Central Bank of Iran has allowed INTA for three years to look into the big bank accounts with turnover of more than 50 billion rials,” Tasnim News Agency quoted Hadi Khani as saying. 
Speaking at a prime time TV program late Tuesday, Khani said INTA is authorized to check suspicious bank accounts. 
“We investigate accounts that are suspicious or susceptible to tax evasion,” he said, adding that tax collectors focus on three categories of banking transactions. 


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