INTA Penalty Relief Extended Through 2020-21

Economy Minister Farhad Dejpasand says those who pay their back taxes completely by March 2021 will be eligible for the Iranian National Tax Administration’s penalty relief. 
“The ministry has been given the blessing of the Supreme Council of Economic Coordination, chaired by the heads of three branches of government, to extend last year’s penalty relief through the fiscal 2020-21, not only for manufacturing enterprises but also for businesses providing services, given the situation created by the outbreak of coronavirus,” he said. 
Noting that last year’s penalty relief generated 100,000 billion rials ($550 million) for the government, the official said a 1.5% tax discount for each month will also be available to voluntary payments before the tax is due, i.e. 18% of taxpayers’ end-of-year tax liability, IRNA reported.