The government earned 1,314 trillion rials ($5.05 billion) in tax revenues in the eight months to Nov. 20, which account for 64% of the sum predicted in the budget for the period. The…
Iran Tax News
Tehran Province has called for revising the current system of allocating provincial budget, so that factors like the provinces' population and living costs are taken into account.
The government earned 852.23 trillion rials ($3.09 billion) in tax revenues over the first half of the current fiscal year (March 20-Sept. 21), the Iranian National Tax Administration announced…
The Iranian National Tax Administration has released the list of products that are subject to the new environmental tax.
The government earned 510 trillion rials ($1.73 billion) in tax revenues during the first quarter of the current fiscal year (March 20-June 20), which indicates a 111% increase compared with the…
Tax revenues to government public budget resources increased from 35.1% in the year ending March 2019 to 37.5% in the year ending March 2020, as tax revenues to current expenditure ratio also…
The parliament on Wednesday approved laws based on which companies that recapitalize using share premiums will be eligible for tax breaks. As per the new legislation, listed companies…
The Guardians Council—a watchdog that ensures laws are in line with the Iranian Constitution and Islamic law—has drawn attention to the flaws in various provisions of new vacancy tax bill…
The Iranian National Tax Administration announced tax brackets on buyers of gold coins in the last fiscal year (March 2019-20). As per an INTA bylaw outlining details of the gold tax, all those…
The Guardians Council–a watchdog that ensures laws are in line with the Iranian Constitution and Islamic law–has sent back the vacancy tax bill to the Iranian Parliament for reconsideration.
Tehran Province is expected to earn 1,000 trillion rials ($4.47 billion) of the total 1,800 trillion rials ($8.05 billion) of tax revenues projected for the current fiscal year (March 2020-21),…
Iranian parliamentarians approved revisions to Article 54 of Direct Tax Code on Wednesday, which would make several changes to vacancy tax with the aim of returning empty properties to use as…
A prominent housing expert says vacancy tax would hardly push down rents or home prices in the short run. Fardin Yazdani, the planner of Comprehensive Housing Initiative of the Ministry of…
Landlords willing to sign three-year lease contracts will be granted exemption from vacancy tax and other slated tax measures concerning the housing sector, a senior official with the Ministry…
Tax incentives are bein considered for new companies that want to list on the stock market in the current fiscal year (March 2020-21).
The due date for the submission of tax returns for real entities concerning the last Iranian year (March 2019-20) has been extended to August 21, says Mohammad Masihi, the deputy head of Iranian…
Economy Minister Farhad Dejpasand says those who pay their back taxes completely by March 2021 will be eligible for the Iranian National Tax Administration’s penalty relief.
The nationwide online database of all residential properties across the country will be completed and put at the Iranian National Tax Administration’s disposal by next week, Mahmoud…
Revenues from departure tax, which is a subcategory of tax on goods and services of indirect taxes, stood at 11,500 billion rials ($67.25 million) in the fiscal 2019-20. The figure shows…
The Iranian National Tax Administration has extended the deadline for the mandatory use of point of sale machines by 15 guilds to Sept. 21 due to the coronavirus, INTA Chief Omid Ali Parsa said…
The government could see a decline of 400 trillion rials ($2.46 billion) in tax revenues as a result of the new coronavirus disease, COVID-19, if the economic effects of the pandemic on…
Parliamentarians on Tuesday approved Clause 65 of the Value Added Tax Bill that includes setting penalties for offences committed by tax inspectors.
Tax revenues increased by 31% in the last fiscal year (March 2019-20) compared with the year before to reach 1,430 trillion rials ($8.93 billion), the head of the Iranian National Tax…
The government earned 1,340 trillion rials ($8.7 billion) in tax revenues since the beginning of the current fiscal year (March 21, 2019) to Feb. 29. The current budget law has projected…
Parliament has obliged banks to close accounts of customers whose identities are not clearly stated in the bank documents, a move seen as another step toward conforming to anti-money laundering…
