An estimated nine million point-of-sale terminals are about to be suspended by the Iranian National Tax Administration because their operators failed to file tax returns, an official with INTA said.
“The POS terminals will be detached from the payment network if their owners fail to register their identity information with INTA by Feb.19,” Mohammad Barzegari was quoted as saying by IRIB news.
INTA in coordination with the Central Bank of Iran decided last year to connect payment gateways to the national tax system to curb tax evasion by businesses, particularly in the high income brackets.
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