Iran Chamber of Commerce, Industries, Mines, and Agriculture says the government’s draft budget for next year places too much tax burden on formal companies and consumers.
In a statement on Wednesday, the Iran Chamber of Commerce said 72% of next year’s projected tax income relies on corporate tax (42%) and value-added tax (30%). It warned this “increases pressure on the productive, formal sector.”
The Chamber argued that revenues from “unproductive, speculative” activities and high-income individuals are not being sufficiently taxed, calling the approach unfair.
The statement called for a shift in policy, urging the government to drive its tax revenue strategy toward “broadening the tax base, revising exemptions, and reducing structural discrimination.”