Self-Declaration Accounts for 70% of Tax Revenues

Self-declaration of tax by guilds accounts for 70% of the government’s tax revenues, a deputy head of Iranian National Tax Administration said, adding that plans are to increase the figure to 90% in two years. 
“Generating tax income through self-declaration is a significant achievement, which frees up energy for combating tax evasion. Economic operators who fail to submit their tax returns on time will be disqualified for receiving tax breaks and exemptions,” Mohammad Masihi was quoted as saying by IRNA.
Noting that the government will support businesses hurt by the coronavirus outbreak, the official said, “Tax will be imposed in accordance with their income and businesses that suffered enormous losses or were closed down due to the virus will be subject to tax forgiveness.” 
Latest data show the government earned upwards of 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.