74725
INTA Defends Monitoring of Bank Transactions
Economy, Domestic Economy

Tax Administration Defends Monitoring of Bank Transactions

Head of the Iranian National Tax Administration Kamel Taqavi-Nejad said it’s perfectly legal for the administration to monitor banking transactions to prevent tax evasion.
“There are people who suggest that probing into people’s income and bank account is against the law, whereas they are either ignorant about the rules and regulations, or pursuing their own interests,” IRNA quoted Taqavi-Nejad as saying. Noting that reforms have been introduced to criminalize tax evasion, the official said those involved with the illegal practice will face investigation. He had earlier said that tax evasion stands at between 140 and 300 trillion rials ($3.5-7.5 billion) in the country due to the underground economy, smuggling and lack of transparency.

Short URL : https://goo.gl/Q6UCnq
  1. https://goo.gl/s7y7jP
  • https://goo.gl/ua4qvh
  • https://goo.gl/ucm3AV
  • https://goo.gl/zeZ3Gu
  • https://goo.gl/zxRQv2

You can also read ...

Iran has specified the amount of prescription medicines...
Iran, Iraq Private Sector Officials Meet in Tehran
The chambers of commerce of Iran and Iraq surveyed ways of...
Finnish IT Company Renews Iran Contracts
A Finnish provider of telecom information technology solutions...
Tehran Market: Euro and USD Keep Climbing
Foreign exchange rates were again defiant and continued to...
Iran, UK Renew Trade Commitments
High-level trade representatives of Iran and the UK met on...
TEDPIX Crosses 170,000 Threshold
Major Iranian stock indexes vaulted to fresh records on...
Iran Bans Tomato Exports Until Further Notice
The Ministry of Industries, Mining and Trade has banned the...
Iran: SCI Reports Consumer Price Changes in Goods, Services Groups
The consumer price index of all 12 groups of goods and...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus