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Central Bank of Iran agrees to put VAT on gold

Business Materials 11 July 2011 18:37

Azerbaijan, Baku, July 11 /Trend/

The Central Bank of Iran and Iran's State Tax Affair Organization have agreed to put on hold VAT on gold and gold coins transactions, the Mehr News Agency reported quoting State Tax Affairs Organization Hossien Deputy Panahi as saying.

"The Central Bank of Iran agrees to put valued added tax on gold and gold coins to State Tax Affair Organization account," he said.

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