Domestic Economy

Taxman Extends Deadline for POS Registration

Taxman Extends Deadline for POS RegistrationTaxman Extends Deadline for POS Registration

The Iranian National Tax Administration has extended the deadline for the mandatory use of point of sale machines by 15 guilds to Sept. 21 due to the coronavirus, INTA Chief Omid Ali Parsa said. 
Fifteen guilds, including 50 occupations, were required to use POS machines and issue receipts for the services and goods offered as of the beginning of the current Iranian year (March 20), the Persian-language daily Khorasan reported. 
“Lawyers, legal advisors, family consultants, centers offering notary public services, real-estate agents, reception halls, all types of eateries, including fast food and traditional restaurants, coffee shops, catering centers and cafes, are subject to the law,” Mahmoud Alizadeh, a senior official with INTA, had said earlier. 
“In addition, hotels and hotel apartments, motels, auto dealerships, hair and beauty salons, confectionery and nut stores, fresh juice outlets, fruit and vegetable shops, as well as sports and cultural complexes, stationery shops, gaming centers and communications service providers, including Police+10 centers and the government’s public service offices, are also required to register for POS machines at by the fiscal yearend for use in the new year [starting March 2021].” 
The move is aimed at preventing tax evasion by tracking transactions made by these businesses.

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