Iran’s tax income increases by 29%
Baku, Azerbaijan, Aug. 21
By Fatih Karimov – Trend:
Iran's tax income amounted to 275 trillion rials ($8.85 billion based on official rate of 31,069 rials per each USD) in the first four months of the current Iranian fiscal year (March 20-July 20), Kamel Taghavinejad, head of Iran's tax organization, said.
Taghavinejad said that the figure indicates an increase by 29 percent compared to the same period of the preceding year, Iran's ISNA news agency reported Aug. 21.
Ninety-five percent of the tax income envisaged by the national budget bill has been realized, he noted.
In the mentioned period the government's income from direct taxes surpassed 166 trillion rials, indicating a 25 percent increase year-on-year, Taghavinejad said.
Revenues from VAT (value-added tax) amounted for 110 billion rials, 35 percent more compared to the 4-month period preceding year, he added.
Taghavinejad further said that the value of tax evasion in the county is between 130 trillion - 300 trillion rials.
The amount of deferred taxes in Iran also stands at 493 trillion rials, he added.
While tax evasion is considered as a main problem in the country, Minister of Economic Affairs and Finance Ali Tayyebnia suggests that 43 percent of Iranian people, entities, institutions or organizations who produce goods and services are excluded from paying taxes.