Budget Bill Submitted to Majlis With an Eye on Tax Revenues
President Seyed Ebrahim Raisi submitted the Budget Bill for the next Iranian year of 1402 (to start on March 20, 2023) to the Parliament on Wednesday in the presence of Parliament Speaker Mohammad Baqer Qalibaf and legislators.
INTA to start collecting vacancy taxes as of Jan. 21
Iran National Tax Administration (INTA) is going to start collecting taxes on vacant houses as of the next Iranian calendar month (begins on January 21), Tasnim reported on Monday, quoting an official with Transport and Urban Development Ministry.
Tax incomes highlighted in next year’s budget bill
President Ebrahim Raisi submitted the administration’s draft of the national budget bill for the next Iranian calendar year 1401, which starts on March 21, 2022, to the Majlis on Sunday.
ICCIMA calls on govt. to extend tax payment dues
Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), in a letter to President Hassan Rouhani, has called on the government to extend the tax payment due dates for legal entities to September 22.
Tax reform plans to be revised over massive protests
At least 209 police officers have been injured and 185 activists detained during the two-day protests against a tax reform proposal in Colombia, the country's police said.
Tax on luxury houses, cars to be imposed
The head of Iran National Tax Administration (INTA) said that the taxes on the luxury houses and cars will be imposed since the third Iranian calendar month Khordad (begins in May 21).
New Law on Iran, India Trade Tax
Rouhani, on Tuesday, ordered the finance ministry to implement a new law of an agreement between Iran an India made on double-taxation avoidance and tax-evasion prevention.
Trump, Biden Have Different Opinion on Reopening Economy, Taxes
Trump and his opponent in the November 3 election, Democrat Joe Biden, have to convince Americans they have the best strategy to get the economy back on track.
Iran annual tax revenues can be $20 billion
Iran total annual tax revenue for the year ending March 19 is expected to reach more than $11 billion.
IMF: Raise tax on the rich to tackle inequality
TEHRAN (Iran News) – Raising income tax on the wealthy will help close the growing inequality between rich and poor and can be done without harming growth, the head of the IMF said. Kristalina Georgieva, the managing director of IMF, said higher marginal tax rates for the better off were needed as part of a […]