Domestic Economy

Tax Revenues Exceed $5 Billion

Wealth tax revenues stood at 157.68 trillion rials ($606.46 million) over the period, indicating a 186% realization rate. Wealth tax recorded the highest growth over the period, thanks to tax on stock trades
Tax Revenues Exceed $5 Billion
Tax Revenues Exceed $5 Billion

The government earned 1,314 trillion rials ($5.05 billion) in tax revenues in the eight months to Nov. 20, which account for 64% of the sum predicted in the budget for the period.
The government’s tax revenues consist of its returns from tax on legal entities, income tax, wealth tax, tax on imports and tax on goods and services, Fars News Agency reported. 
Earnings from taxing companies and legal entities stood at 347.53 trillion rials ($1.33 billion), which account for 78% of the sum projected in the budget for the period under review. 
The Iranian National Tax Administration earned 257.75 trillion rials ($991.34 million) from taxing civil servants and workers (income tax), which is 74% of the budget’s projected figure. 


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