tax

Tax revenues covering 73% of Iran’s public costs: Deputy minister

Mohammad Hadi Sobhanian, Deputy Minister of Economy and the head of Iran’s National Tax Administration (INTA) has said that tax revenues are now covering 73% of the country’s public costs.

Macro Economy

Iran’s tax revenues surge by 51% in current fiscal year

Iran’s tax revenues have increased by approximately 51% compared to the previous year, according to Mohammad Hadi Sobhanian, head of the Iranian National Tax Administration (INTA).

Macro Economy

Iran’s ten-month tax receipts grows 47% YOY to $11 billion

Iran’s tax revenues increased by nearly a half in the 10 months to January 19 compared to the previous same period, according to the country’s tax office (INTA).

Macro Economy

Iran government seeks to lower pressure on small taxpayers

Head of the Iranian National Tax Administration (INTA) says the country’s government seeks to reduce pressure on small taxpayers and is instead focused on taking taxes from major companies.

Macro Economy

Iran’s eight-month tax collection exceeds $12.6 billion

The total amount of taxes and duties collected by the Iranian National Tax Administration (INTA) during the first eight months of the current Iranian year topped $12.6 billion (631 trillion rials), according to INTA Head Mohammad-Hadi Sobhanian.

Macro Economy

Iran government seeks stable revenues by preventing tax evasion

Iran’s Minister of Economy says the government intends to prevent tax evasion to ensure stable revenues for the country.

Macro Economy

Iran’s seven-month tax revenues at $7.9 billion

Iran has collected as much as 4,090 trillion rials ($7.9 billion) of taxes in the first seven months of the current Iranian calendar year (March 21 – October 22), according to an official with the knowledge of the matter.

Macro Economy

Iran exempts gold ingot imports from tax payment

Iran’s imports of gold ingots will be exempted from tax payment as of October 23, according to a Monday announcement by the Islamic Republic of Iran Customs Administration (IRICA).

Iran Economy

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).

Macro Economy

Iran cuts VAT on imports of essential goods to 1%

The governor of Iran’s National Tax Administration (INTA) Mohammad-Hadi Sobhanian has ordered the execution of a new law which significantly cuts the Value Added Tax (VAT) on imports of essential goods.

Macro Economy