Tax on stock trade took a drubbing in the first six months of current fiscal year (March 21- Sept 22) under a persistent bearish trend.
Iran Tax News
A total of 1,380 trillion rials ($4.9 billion) in tax revenues were collected over the first half of the current fiscal year (March 21-Sept. 22), indicating a 62% increase compared with the…
The government earned 852,000 billion rials ($3.15 billion) in tax revenues during the four months to July 22, which account for 93% of the sum predicted in the budget for the period and shows a…
The payment regulator has suspended services to three million POS terminals and online payment gateways after the users failed to abide by tax rules required by the Iranian National Tax…
The Iranian National Tax Administration has prepared a draft proposal for taxing cryptocurrency exchanges and called on the relevant regulatory bodies to pave the way for legalizing the crypto…
A total of three million households have registered their properties on the National Property and Housing Database so far, Minister of Roads and Urban Development Mohammad Eslami said on Monday…
As per the new tax rules, value added tax on gold trade will be levied only on services, profit and fees, the vice president of Tehran Gold and Jewelry Union said. According to Mohammad Kashti-…
The aggregate volume of tax evasion and tax avoidance in Iran stands at 1,000 trillion rials ($4 billion) per year, the head of the Iranian National Tax Administration said.
The Iranian National Tax Administration earned 590 trillion rials ($2.37 billion) in the first quarter of the current fiscal year (March 21-June 21), registering a 70% growth compared with the…
Economic experts believe that as the prices of houses, cars, or other assets rise only in line with inflation, there is no real increase in wealth. “Under inflationary conditions,…
Iranian lawmakers approved the outlines of capital gains tax bill on Wednesday with 132 votes in favor, 60 votes against and eight abstentions.
The government generated 179.89 trillion ($813 million) in tax on stock trade in the previous fiscal year (March 2020-21) – a fair enough improvement given the deep downturn in the second half…
Any residential unit located in cities with a population of over 100,000 is considered vacant property, if it remains unoccupied for more than 120 days, and will be taxed.
The Iranian National Tax Administration has announced rules to tax gold coins bought coin from Central Bank of Iran in the last fiscal year that needed in March.
Government employees and private sector workers who earn 480 million rials ($2,042) annually or 40 million rials ($170) monthly or less will be exempted from income tax in the current fiscal…
Revenues collected from the taxation of empty homes will be injected in the National Housing Fund to be extended as loans to low-income households.
A total of 1,925 trillion rials ($7.62 billion) in tax were collected in the last fiscal year (March 2020-21), indicating a 37% increase compared with the year before. According to…
Heads of households, whether a homeowner or renter, should register their properties online within two months by visiting the National Property and Housing website, http://amlak.mrud.ir, as of…
Budget tax revenue projections for the current fiscal year (March 2020-21) were achieved in their entirety by March 10, Omid Ali Parsa, the head of the Iranian National Tax Administration, says…
Finding new tax bases is one of the parliament’s key tools to tackle budget deficit in the next fiscal year (starting March 21).
Members of the Iranian Parliament have voted for levying taxes on homes priced above a ceiling in the upcoming fiscal year (starting March 21). The set rates are as follows: - Homes valued at…
Increase in stock market trade has created a source of tax revenue for the government, the top tax official in Tehran said. According to Omid-Ali Parsa, head of the Iranian National Tax…
The Iranian National Tax Administration unveiled the first phase of an electronic platform to monitor banking operations. Citing the IT department of the tax office, Tasnim News Agency said a…
The ratio of tax revenues government gained in the last fiscal year (March 2019-20) to GDP (when current prices are used) stood at 4.2%. A total of 1,410 trillion rials ($5.52 billion)…
The government plans to scrap rules that tie refunding exporters’ value added tax to repatriation of their export earnings, head of the Iran Chamber of Commerce, Industries, Mines and…
