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Tax Revenues Hit Record High of $10.8 Billion Over 11 Months

Direct tax, including tax on legal entities, jobs and wealth tax, stood at 1,670 trillion rials [$6.51 billion], registering more than 56% growth
Tax Revenues Hit Record High of $10.8 Billion Over 11 Months
Tax Revenues Hit Record High of $10.8 Billion Over 11 Months

A record high of 2,770 trillion rials ($10.8 billion) in tax revenues were collected over the 11-month period ending Feb. 19, indicating a 60% increase compared with the corresponding period of last year, the head of Iranian National Tax Administration said. 
“Direct tax, including tax on legal entities, jobs and wealth tax, stood at 1,670 trillion rials [$6.51 billion], registering an over 56% growth. Tax on goods and services, which includes earnings from value added tax, totaled 1,100 trillion rials [$4.29 billion], showing a 68% increase year-on-year,” Davoud Manzour was also quoted as saying by Fars News Agency. 
As per the new approach employed by INTA, whistleblowing on tax evaders and other tax violations would be incentivized. The whistleblowing guidelines were communicated to tax offices on Feb. 27. People can log on to www.intamedia.ir and report tax schemes and evasions, and receive a reward, he added.

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