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Tax Exemption for Publications, Artists Revoked

Tax Exemption for Publications, Artists Revoked
Tax Exemption for Publications, Artists Revoked

As per the budget for the fiscal 2021-22, the income of artists and publishers will be taxed when it exceeds 2 billion rials ($8,000) annually. 
The parliamentarians’ decision on Tuesday came as individuals engaged in all activities associated with publication (including student supplementary books), press, culture and arts have enjoyed full tax exemption since 2003, Otaghiranonline.ir reported. 
 

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