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Tax Break

  • EghtesadOnline: Life insurance henceforth will not be tax exempt, the head of Iran National Tax Administration told reporters following a meeting with Iranian Insurers Syndicate.

  • EghtesadOnline: Utility companies that offer electricity on the energy bourse will be eligible for 10% tax exemption, head of the Iran Energy Exchange said.

  • EghtesadOnline: Iran Road Maintenance and Transportation Organization will offer non-monetary incentives to investors interested in setting up roadside convenience stores, says director general of Investment and Supervision Department of the organization, Mohammad Reza Shahraki-Sanavi.

  • EghtesadOnline: Over the past several months the tire industry's profit margin has shrunk significantly thanks to the rising prices and shortages of raw materials amid hard economic times.

  • EghtesadOnline: The Supreme Council of Economic Coordination has recently approved a bill that aims to improve the economic viability of development projects and attract private sector investments in the government’s incomplete projects.