70307
VAT Revenues Top $3 Billion in Four Months
VAT Revenues Top $3 Billion in Four Months

VAT Revenues Top $3 Billion in Four Months

VAT Revenues Top $3 Billion in Four Months

Iran National Tax Administration earned 121 trillion rials (over $3.17 billion) from value added tax levied on fuel, vehicle registration, ownership transfer and import duties during the first four months of the current Iranian year (March 21-July 22), registering a 10% rise compared with the corresponding period of last year, INTA’s deputy head said.
Mohammad Masihi also told IRNA that the revenue met 92% of INTA’s goals for the period under review.
Last month, INTA’s chief said the administration’s fight against tax evasion led to the reimbursement of over 50 trillion rials ($1.33 billion) in tax revenues in the last fiscal year (March 2016-17).
“Over 300,000 new taxpayers and 3,000 front companies were identified across the country over the past year and about 33 trillion rials ($880 million) of their suspicious banking transactions were identified,” Kamel Taqavinejad was also quoted as saying.
According to the official, currently, fewer than 20% of taxpayers in Iran pay 80% of all taxes.

Short URL : https://goo.gl/31AyzJ
  1. https://goo.gl/yHo1Gv
  • https://goo.gl/hRBv7y
  • https://goo.gl/qMGxr4
  • https://goo.gl/adXPkp
  • https://goo.gl/CdHh4q

You can also read ...

Iran Petrochemical Revenues at  $5.5 Billion in Six Months
Iran exported $5.57 billion worth of petrochemical and polymer...
Border With Iraq’s Kurdistan Closed at Baghdad’s Request
Iran has shut its border crossings with the Iraqi Kurdistan...
Private banks and non-bank credit institutions held the biggest share of foreign assets among Iranian financial institutions.
The total value of Iranian banks’ foreign assets by August 22...
Calm Housing Market Forecast for Tehran in Fiscal H2
The Iranian housing sector, which has just entered a pre-boom...
Ahmad Araqchi (R) meets Alexey Tyupanov
The Central Bank of Iran has signed an agreement with the...
OIC is an international organization consisting of 57 member states.
The countries of the Organization of Islamic Cooperation...
Upswing in  US Dollar
The US dollar, the most widely traded currency in Tehran’s...
Waymo has been conducting on-site training with some of the local police departments in the cities where it is testing cars.
Alphabet’s self driving car division Waymo has been testing...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus