Saturday, 23 January , 2021
tax Archives - iran news daily iran news now
New Law on Iran, India Trade Tax 25 Aug 2020

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 06 May 2020

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 25 Jan 2020

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 08 Jan 2020

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 […]

90% of Liquity in Hands of Only 10% of the Society 18 May 2019
Mostakhdemin Hosseini:

90% of Liquity in Hands of Only 10% of the Society

TEHRAN – A former deputy minister and market analyst believes 90 percent of the total liquidity in the country is in hands of only 10 percent of the society, adding that liquidity in President Hassan Rouhani’s governments has deteriorated.

MSC Ranks First in Tax-Paying 07 May 2019

MSC Ranks First in Tax-Paying

 TEHRAN – The CEO of Mobarakeh Steel Company says the company is offspring of Islamic Republic and it has achieved significant progress in industry and production of strategic goods.

‘SMEs should be exempted from paying value added tax for 6-12 months’ 13 Aug 2018

‘SMEs should be exempted from paying value added tax for 6-12 months’

TEHRAN- Iranian industry minister said small and medium-sized enterprises (SMEs) should be exempted from paying value added tax for a period of six months to one year, IRNA reported. Mohammad Shariatmadari made the remarks on Sunday in the inaugural ceremony of a three-day exhibition for SMEs to showcase their latest achievements and capabilities. The minister […]

Tax income accounts for 8% of Iran’s GDP 05 Mar 2018

Tax income accounts for 8% of Iran’s GDP

TEHRAN- The share of tax revenues in Iran’s gross domestic product (GDP) has reached eight percent, according to Head of National Tax Administration Kamel Taqavinejad. The official said the figure should reach 11 percent by the end of the country’s Six Five-Year National Development Plan (March 2021), IRNA reported on Sunday. President Hassan Rouhani’s economic […]

Iran imposing export tax on iron ore facing strong opposition 08 Jan 2018

Iran imposing export tax on iron ore facing strong opposition

Last month, Iranian Deputy Industry, Mining and Trade Minister Jafar Sarqeini announced that the government will impose a 10% export duty on iron ore from the beginning of the next Iranian calendar year 1397 (March 21, 2018) and plans to increase the figure to 15% in the calendar year 1398. The official said that the government’s decision is […]

Senate approves most sweeping changes to US tax code in 3 decades 20 Dec 2017

Senate approves most sweeping changes to US tax code in 3 decades

The US Senate has narrowly passed a tax overhaul bill, the most sweeping rewrite of the nation’s tax laws in over three decades. The Republican-led Senate, in the early hours of Wednesday, approved the $1.5-trillion tax legislation, which includes permanent tax breaks for corporations and temporary tax cuts for individuals. With all Democrats united in […]