Iran industrial units need gov't support in tax payment regulations - official

Business Materials 11 September 2019 09:15 (UTC +04:00)

Tehran, Iran, Sept.11


Iran's industrial units need the government support regarding tax payment regulations, while some statistics indicate that 60 percent of the country's tax payments belong to industrialists, Member of Iranian Parliament's industries and mines committee Mehdi Moghadasi told Trend.

"The production units and economic enterprises in Iran are in difficult situation, while in recent months more attention has been paid to domestic capacities, therefore imports of some foreign goods have been banned to increase production and country's economic dynamics," he said.

"Although difficult economic situation and sanctions against the country created problems, but by putting more efforts into industrial units, we can manage," he added.

"The only way to improve production and confront sanctions is to identify real producers and provide necessary support that would eventually help country's production," Moghadasi said.

"Some production units are facing tax debts and the Ministry of Industry, Mine and Trade should help these units, that are in critical condition in the form of tax exemptions, or extend tax payment deadline. Creating a specific working group in this field is a key element," he noted.

"The volume of producer's taxes are different in other countries. I believe that tax payments of production units should be different. For example, a unit that is facing losses or just started to work should not be under pressure to pay taxes since it would lead to fall of industrial units and significant drop of economic growth," he said.

"The sanctions are imposed on the country and currently the economic pressure continues. While our motto is production improvement and self-sufficiency, we should pay attention to infrastructure as well," he added.