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 Welcomes Cryptocurrencies
Iran’s High Council of Cyberspace, one of the main entities...
Iran the ‘Most Dynamic’ Asian Nation in ICT Sector
The latest data on ICT development from International...
Gold Rally Cools, Not Its Bubble
 After gold coin’s continued rally in the past month, which...
Greenhouse Cultivation Up 38%
The area under greenhouse cultivation in Iran presently spans...
S. Korea Shifting Iran Focus From Trade to Investment
The South Korean ambassador to Iran said Seoul is shifting...
Tehran Hosts Int’l Home Appliances Expo
Tehran is hosting the 17th International Exhibition of Home...
TEDPIX Ends Trading Week 1.5% Higher, IFX Up 2%
Tehran Stock Exchange’s main index TEDPIX gained 1,333...
Life Insurance in Iran Underdeveloped
The share of life insurance in the overall portfolio of the...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus