Iran to roll out tax, insurance breaks for virus-hit economy
Bloomberg – Iran’s President Hassan Rouhani announced a series of banking, welfare and tax relief measures to support businesses and families as…
Tag Archives: Iran tax system
Tax revenues in next fiscal budget overestimated
Financial Tribune – A senior official believes that the government has overestimated its next year’s revenues from reducing tax breaks, curbing tax…
Real-estate tracking system unveiled to identify empty homes for taxation
Financial Tribune – The five-year-in-the-making National Data System of Real Estate and Housing was unveiled in a ceremony on Tuesday with Roads…
Iran: Bank deposits, shareholders’ income not taxable
Financial Tribune – Taxing shareholders’ income from capital gains and levying tax on bank deposit income is not on the agenda of…
Tax and transparence
Financial Tribune | Amin Sabooni: Many governments and municipalities say they use the money for a variety of reasons, such as promoting…
MPs okay goods exports’ exemption from taxation
MNA – With the majority votes of Parliament representatives, the export of goods and services were exempted from taxation. Representatives of the…
Tax evasion undermining economic equality
Financial Tribune – Visible inequality in income distribution aside, Iran’s economy is saddled with an unfair tax system that has made the…
State companies to pay $444m in tax
Financial Tribune – Banks, companies and other organizations affiliated to the government must pay 57.8 trillion rials ($444 million) in tax in…
Tax on bank deposit account earnings not on Gov’t agenda
Financial Tribune – Economy Minister Farhad Dejpasand said taxing bank account earnings is not on the agenda and denied rumors that the…
Iran has no plans to impose tax on interest income: Chief banker
Press TV – The governor of the Central Bank of Iran (CBI) says reports that interest income would be taxable in the…
Pres. Rouhani urges collecting income tax without discrimination
MNA – Stating that collecting tax must be done with transparency, President Rouhani said, “In a transparent process, people must know what…
Taxing bank deposits will have implications
Financial Tribune – In need of new sources of revenue to compensate for the budget deficit emanating from steep declines in oil…
Iran Tax Office: Banks obliged to report financial statements of clients
Financial Tribune – To help bolster government efforts to modernize the ageing tax regime, banks have been ordered to send data on…
Iran tax administration working to systematize tax regime
Financial Tribune – The tax collection system is obsolete and needs rewriting to find its proper place in the running of the…
Iran to enforce green tax
Financial Tribune – Tax will be levied on products that cause environmental damage in their manufacture or use, an official with the…
Comprehensive plan underway to amend tax system: fin. min.
Tehran Times – Tax system is being amended in the country through implementing the Comprehensive Tax Plan, Iran’s Finance and Economic Affairs…
Iran: ‘Comprehensive Taxation Plan’ tipped as turning point
Financial Tribune – Iran is taking the final steps in its transition to a modern, streamlined system of taxation. By implementing the…
Central Bank of Iran says will pay tax only on realized profit
Financial Tribune – In the wake of a single urgency bill approved this week by the Majlis to tax the income of…
Iran parliament approves departure tax hike
Financial Tribune- The Iranian Parliament has approved the government’s proposal to increase departure tax in the next Iranian year (starting March 21),…
Tax break on capital increase to revive beleaguered companies
Financial Tribune | Amir Havasi: The Iranian Parliament decided on Saturday that companies with losses exceeding half of their capital will be exempt…
300% increase in departure tax sparks controversy in Iran
IFP – The sharp rise in departure tax, proposed to the parliament in the budget bill for the next fiscal year (starting…
Iran moves to tax its frequent travelers
Al Monitor | Saeid Jafari: A threefold increase in the departure tax proposed by the government has prompted outrage among many Iranians.…
Gov’t slaps new tax on auto production
Financial Tribune- President Hassan Rouhani’s government has issued a call requiring local automakers to contribute to modernizing the transportation fleet. According to…
Iran offers 13-year tax break to hoteliers
Iran says it will offer a tax break of 13 years to hoteliers in what appears to be part of a policy…
Tax revenues up 29%
The director of the National Tax Administration says the government’s tax revenues increased by 29% in the first four months of the…
1500 knowledge-based firms to get tax exemption
TEHRAN, Aug. 15 (MNA) – Iran’s vice president for science and technology has said the government would offer tax exemption to knowledge-based…
Tax, customs revenue have lion’s share in budget
The budget law for the current Iranian] year (started March 21) has projected 750,000 billion rials ($25.8 billion) and 130,000 billion rials…
Tax, non-oil exports replacing oil revenues
TEHRAN May 13(Shana)–The administration is determined to downsize the government and replace oil revenues with non-oil exports and tax income, first vice…
A look at Iranian newspaper front pages on April 8
IFP has taken a look at the front pages of newspapers on Wednesday and picked headlines from 13 of them. IFP has…
Iran’s direct tax income hits 49% to $15.312b
TEHRAN: Director of Iranian National Tax Administration, Ali Askari, said that Iran’s direct tax income rose 49 percent to $15.312 billion (520…
New year’s tax plan in Iran
One of the main features of Iran’next year’s budget, which goes into effect in less than 2 weeks, is a significant reduction in…
Iran’s Tax Dept loses $12-20 billion through tax evasion
TEHRAN: Head of State Tax Department, Ali Askari, said that country lost $12-20 billion within a year through tax evasion which are equivalent to…
A look at Iranian newspaper front pages on Feb. 2
IFP has taken a look at the front pages of newspapers on Monday and picked headlines from 17 of them. IFP has…
Oil industry equipment exempt from tax
TEHRAN Feb02(Shana)–Machinery and equipment imported for use in oil industry are exempt from paying tax, deputy Minister of Finance and head of…
Iran plans to increase 23% tax revenue to $32 billion in budget 2015
TEHRAN: The President of Iran, Hassan Rouhani proposed budget for the fiscal year in which increase in tax revenue of about 23…
Iran’s coverage: Kerry hopes for more progress in Iran nuclear talks
Daily look at Iran’s late-breaking news and upcoming events: Kerry aims to ‘accelerate’ Iran nuke talks U.S. secretary of State John…
Gov’t says tax revenues up 53%
Tehran, Jan 11, IRNA — The government says it has been successful in raising its revenues from taxes. “Iran’s tax revenues increased…
Taxation system needs reform
Tehran, Dec 31, IRNA — Iran’s Economy Minister Ali Tayebnia says “close to 43% of Iran’s gross domestic product is exempt from…
Iran’s coverage: Next round of nuclear talks to be held in January, Araqchi says
Daily look at Iran’s late-breaking news and upcoming events: Araqchi: Next round of nuclear talks next month in Dy FMs’ level…
Tax should replace oil revenues in budget
TEHRAN Dec 17 (Shana)–Reliable tax income is a good substitute for volatile oil prices in the budget, Minister of Economic Affairs and…