The Central Bank of Iran (CBI) has identified some 12.3 million bank accounts held by individuals and companies in the country as having links to businesses amid its efforts to prevent tax evasion and money laundering.
The Iranian National Tax Administration earned 4,700 trillion rials (over $9 billion) in tax income during the last fiscal year that ended on March 20, 2023, according to the head of INTA’s Planning and Statistics Group.
The Iranian National Tax Administration collected 4,287 trillion rials ($7.88 billion) in tax during the first 11 months of the current fiscal year (started March 21, 2022).
Iran’s tax revenues over the first ten months of the current Iranian calendar year (March 21, 2022 – January 20, 2023) has grown by 55% compared to figures from last year’s corresponding period, according to an official familiar with the matter.
Iranian Minister of Economic Affairs and Finance Ehsan Khandouzi said on Monday that the country plans to increase tax revenues by 50% in the fiscal 2023-24.
The Islamic Republic of Iran Customs Administration has reduced value-added tax on the import of seven types of oilseeds and vegetable oils from 9% to 1%.
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.
Iran collected around $8.85 billion worth of tax in the eight months to November 21, according to a report that cites data from the Iranian National Tax Administration (INTA).
The Iranian National Tax Administration earned 2,310 trillion rials ($7 billion) in tax revenues during the first half of the current fiscal year (March 21-Sept. 22), says Davoud Manzour, the head of the administration.
Iran’s tax revenues stood at 1.853 quadrillion rials (about $6.617 billion) in the first five months of the current Iranian calendar year (March 21-August 22), Tasnim news agency reported on Sunday.