5 Nov 2024
Wednesday 6 February 2019 - 15:45
Story Code : 337650

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 the Central Bank of Iran, the bank issued a statement late Monday, indicating that the legislation comes with ifs and buts.

Despite vehement opposition from the CBI, lawmakers passed a measure on Sunday obliging the CBI to pay "50% of its profit and preliminary tax until February 4" to the treasury.
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