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Iran earns $10B in tax revenues over 7 months

Business Materials 29 October 2014 13:02 (UTC +04:00)

Baku, Azerbaijan, Oct.29

By Fatih Karimov - Trend: Iran's tax revenues stood at 330 trillion rials (some $10 billion) during the first 7 months of the current Iranian year, starting from March 21.

Head of Iran's tax organization, Ali Askari, said that the figure is 95 percent of the predicted amount,Iran's Fars news agency reported Oct. 29.

Iran's fiscal year starts on March 21.
Askari said last December that about 25 percent of the Iran's overall economy does not pay taxes.

Tax evasion is the main problem of the country's taxation system, he added.
Iranian Economy Minister Ali Tayyebnia has said that tax evasion in the country should be dealt with.

"We are planning to increase tax incomes, not through raising charges, but through preventing tax evasion," Tayyebnia added.

"The goal will be achieved through establishing a comprehensive databank on tax affairs," the minister said.

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