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Tax

  • EghtesadOnline: Iranian parliamentarians approved revisions to Article 54 of Direct Tax Code on Wednesday, which would make several changes to vacancy tax with the aim of returning empty properties to use as rental homes for people.

  • EghtesadOnline: The underground economy and tax evasion in Iran have been estimated to average 37.7% and 3.5% of gross domestic product respectively in the fiscal 2017-8, an analytical research published by the Iranian National Tax Administration shows.

  • EghtesadOnline: Landlords willing to sign three-year lease contracts will be granted exemption from vacancy tax and other slated tax measures concerning the housing sector, a senior official with the Ministry of Roads and Urban Development said.

  • EghtesadOnline: Tax incentives are being considered for new companies that want to list on the stock market in the current fiscal year (March 2020-21).

  • EghtesadOnline: Tax incentives are being considered for new companies that want to list on the stock market in the current fiscal year (March 2020-21).

  • EghtesadOnline: The due date for the submission of tax returns for real entities concerning the last Iranian year (March 2019-20) has been extended to August 21, says Mohammad Masihi, the deputy head of Iranian National Tax Administration.

  • EghtesadOnline: The nationwide online database of all residential properties across the country will be completed and put at the Iranian National Tax Administration’s disposal by next week, Mahmoud Mahmoudazadeh, the head of Housing Economy Department at the Ministry of Roads and Urban Development, said on Sunday.

  • EghtesadOnline: To fight rampant tax evasion and fraud, the Iranian National Tax Administration will henceforth focus on the minority taxpayers who indeed are liable for the majority of unpaid taxes, head of INTA said.

  • EghtesadOnline: The Iranian Deeds and Properties Registration Organization will electronically put at the Iranian National Tax Administration’s disposal all the information it needs to issue tax file numbers, also known as Economic Code in Iran, for real entities.

  • EghtesadOnline: Two pieces of news broke in the past couple of weeks concerning taxation.