Direct Tax Code of Iran
The new Direct Tax Code of Iran has been ratified on February 22nd, 1988. As of today, the Code was subject to the several modifications, the last amendment was in 2016.
After the withdrawal of Trump administration from JCPOA and re-imposition of the international sanctions, the Iranian authorities show a strong intention for the improvement of the tax collection system as one of the most important elements of the Iran’s Economic Development Plan. Therefore, the current law may be subject to the further changes in order to increase the efficacy of the tax collection mechanism in Iran.
The Tax Code of Iran has five different chapters as follows:
- Taxable Persons;
- Property Taxes;
- Income Tax;
- Miscellaneous Provisions;
- Tax Assessment Organization;
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