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Iran to collect taxes from empty house properties

Business Materials 14 July 2020 16:12
Iran to collect taxes from empty house properties

TEHRAN, Iran, July 14

Trend:

The Deputy Head of Iran’s National Tax Administration (INTA) Mahmoud Alizadeh expressed hope that collecting taxes from vacant houses will start by the end of summer, Trend reports via ILNA.

“The INTA begins collecting taxes from empty houses, as soon as the information of the real estate system will be collected in full,” Alizadeh said, Trend reports citing ILNA.

"INTA will announce the tax rate to the landlords and collect the taxes in less than a week, as soon as the system will be prepared to identify the empty house owners,” he said.

Alizadeh said that according to the law, the taxes can only be collected through the information obtained by real estate system.

Alizadeh went on to say that if this system does not have the necessary capabilities, the required information cannot be extracted from it.

Talking about the details, he said that "information such as water, electricity, gas and telecommunication for each housing unit should be transferred to the national real estate system.”

“This information hasn't been completely submitted in the system,” he said.

Iranian parliament on Sunday approved the double-urgency plan of the vacancy tax law. The mentioned plan is mainly aimed at lowering the housing rental rate in the country.

The vacancy tax law, as part of Direct Tax Reform Law, was put on the agenda in the Iranian calendar year ending March 2016 and was enforceable from the year ending March 2017, but there was little data on the number of vacant units, according to Mahmoud Alizadeh, a senior official with Iran National Tax Administration (INTA).

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