tax

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

Iran’s four-month tax revenues post 50% YOY surge

Iran’s tax revenues reached the equivalent of $4.5 billion in the four months to July 22, an increase of 50% compared to the same period last year, according to figures by the Iranian National Tax Administration (IRICA).

Macro Economy

Iran’s tax revenues up 45% YOY in March-May

Iran’s National Tax Administration (INTA) collected as much as 880 trillion rials ($1.762 billion) of taxes in the first two months of the current Iranian calendar year (March 21 – May 21), according to INTA chief Mohammad Hadi Sobhanian.

Macro Economy

Iran’s monthly tax collection tops $820m

The Iranian National Tax Administration collected 430 trillion rials ($826 million) during the first month of the current fiscal year (started March 21), 49% more than in the corresponding period of last year, according to the INTA chief.

Macro Economy