Tax law in Iran
The main source on the tax law in Iran is the “Direct tax Code”.
The Ministry of Finance and Economic Affairs via one of its biggest affiliates, the Iranian National tax Administration is the authority in charge of the tax matters in Iran. Recently, due to the considerable decrease in the rate of the oil and gas incomes of the country, the government is more focused on the new revenue sources from tax and fees.
Iran has a very high rate of tax evasion. There are some huge financial and commercial entities that are directly or indirectly under the control of the Supreme Leader of the country. The activities of these entities are exempted from income tax. In addition to them, there are millions of people that their financial activities are not inside the channel of formal economy.
Very recently, the government has offered a new series of reform in tax recognition and collection methods. According to the new tax reform plan, the authorities can control the banking transactions of the people to recognize and control their actual annual revenues.
Types of taxes in Iran
- Real Estate Income Tax in Iran
- Employment Income Tax in Iran
- Income Taxes in Iran
- Individual Business Income Tax
- Direct Taxes in Iran
- Corporate Income Tax
- Tax on Incidental Income
- Tax on Transfer of Real Properties
- Tax on Transfer of Shares
- Property Taxes in Iran
- Inheritance Tax
- Indirect Taxes in Iran
- Value Added (VAT)
- Taxes on Imports in Iran
- Taxation from foreign investors in Iran
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