Iran earns $8.7 billion in tax income in nine months

The government has earned 3,480 trillion rials ($8.73 billion) in tax income during the first three quarters of the current Iranian year (March 21-Dec. 21), according to the Economy Ministry.

9 January 2023
ID : 44370
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The government has earned 3,480 trillion rials ($8.73 billion) in tax income during the first three quarters of the current Iranian year (March 21-Dec. 21), according to the Economy Ministry.

Data released by the Iranian National Tax Administration shows earnings stood at 380 trillion rials ($953.81 million) in the ninth month of the year, Mehr News Agency reported.

Total tax earnings during the Q1-3 period were estimated at 3,390 trillion rials ($8.5 billion), which means over 100% of the target were realized.

From the total income of 3,480 trillion rials [$8.73 billion]), direct taxes reached 2,190 trillion rials ($5.49 billion) and tax on goods and services stood at 1,280 trillion rials ($3.21 billion).

From total direct taxes, 1,440 trillion rials ($3.61 billion) came from legal entities, 624 trillion rials ($1.56 billion) from income tax and 13 trillion rials (32.63 million) from capital tax.

Total tax income stood at 3,250 trillion rials in the fiscal 2021-22 and 2,070 trillion rials ($5.19 billion) in 2020-21.

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