Suspicious Bank Activities Under Scrutiny
Economy, Business And Markets

Suspicious Bank Activities Under Scrutiny

A new directive concerning direct tax regulations has been issued, which enables the Iran National Tax Administration to identify taxpayers and their incomes, announced an official with INTA. “The new directive will allow INTA to access taxpayer’s turnover and the annual balance of all their bank accounts, deposits and interests,” Ali Rostampour was quoted as saying by Banker.ir. The official noted that INTA, as an executive body fighting money laundering and terrorism financing, can have access to details of suspicious banking transactions of taxpayers, if approved by the Ministry of Economic Affairs and Finance. Rostampour noted that INTA launched a data center to collect taxpayer data about four years ago and has made preparations to exchange information.

Short URL : https://goo.gl/XxzL55
  1. https://goo.gl/iDCFJz
  • https://goo.gl/gQXxW8
  • https://goo.gl/qpRmIs
  • https://goo.gl/OYW4Vc
  • https://goo.gl/hvT6uE

You can also read ...

BMW, Mercedes Boxed in  by Tariff Battles
US President Donald Trump’s escalating trade spat threatens to...
China Auto Firms to Set Up Ride-Sharing Platform
Chinese firms FAW Group, Dongfeng Automobile and Chongqing...
Windfall Taxation on Gold Coin, Forex Trading
Government is to levy taxes on gold coin and foreign currency...
Iran Could Join Russia’s Regional Payment Network
Russia is looking to establish a regional payment network in...
Challenges Ahead for Banking System
The chief executive of Bank Refah said limited overseas...
Non-Oil Exports From Shahid Rajaee Port Grow 3.8%
Non-oil exports from the southern Shahid Rajaee Port during...
Aluminum Output Increases 11%
Iran’s major aluminum companies produced an aggregate of 91,...
IMIDRO Concludes Largest Aerial Geophysical Survey
Iran’s largest mining holding has concluded the last stage of...

Add new comment

Read our comment policy before posting your viewpoints