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Tax Revenues Jump 169% YOY to Top $3 Billion in Four Months

Tax earnings during the first four months of the current Iranian year (March 21-July 22) accounted for 93% of the sum predicted in the budget for the period
Tax Revenues Jump 169% YOY to Top $3 Billion in Four Months
Tax Revenues Jump 169% YOY to Top $3 Billion in Four Months

The government earned 852,000 billion rials ($3.15 billion) in tax revenues during the four months to July 22, which account for 93% of the sum predicted in the budget for the period and shows a 169% increase year-on-year.
The earnings from taxing companies and legal entities stood at 250,000 billion rials ($925.92 million), which account for 124% of the sum projected in the budget for the period under review and indicates a 204% rise compared with the same period of last year, Fars News Agency reported. 
The Iranian National Tax Administration earned 167,000 billion rials ($618.51 million) from taxing civil servants and workers (income tax), which constitute 91% of the budget’s projected figure and is 134% more than the earning of the corresponding period of last year. 

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