Iran’s five-month tax revenues up 52% YOY

Iranian tax revenues in the five calendar months to late August are 52% higher than figures reported in last year’s corresponding period, according to a Tuesday report by Iran’s National Tax Administration (INTA).

30 August 2023
ID : 44961
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Iranian tax revenues in the five calendar months to late August are 52% higher than figures reported in last year’s corresponding period, according to a Tuesday report by Iran’s National Tax Administration (INTA).

The INTA data showed that Iran has collected as much as 2,820 trillion rials ($5.74 billion) of taxes in the March-August period while the figure stood at 1,850 trillion rials ($3.76 billion) in the same period of last year.

The report also indicates that direct taxes account for more than 1,800 trillion rials ($3.66 billion) of the aggregate taxes collected in the time span.

Iran’s tax receipts in the five-month period has fulfilled 90% of the tax income projected in the country’s annual budget bill.

The country’s tax revenues in the calendar month of Mordad (July 22 – August 22) were also reported at over 650 trillion rials ($1.32 billion) which shows a 59% year-on-year increase and meets the figures projected in the budget bill by 106%.

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