Baku, Azerbaijan, Feb.2
By Fatih Karimov - Trend:
Iran gained 315 trillion rials (about $12.6 billion) tax income in the first 10 months of the current Iranian calendar year, which began on March 21, 2013, IRIB quoted Iran's Tax Affairs Organization Director Ali Askari as saying on February 2.
The figure showed 10 percent rise compared to the same period last year, he added.
It is predicted that 90 percent of the projected tax income will be realized by the end of the year, he said.
In July 2013, Askari said that Iran's tax revenues are forecasted to amount to 450.8 trillion rials (about $18 billion) in the current Iranian calendar year.
Iran gained as much as 280 trillion rials (some $11.3 billion) tax income in the past calendar year.
Iran offers one hundred percent tax exemption for an unlimited period of time to foreign investment in the agriculture sector, the Iranian deputy economy minister Behrouz Alishiri said.
Tax exemption up to 80 percent are being offered to investments in the industry and mine sector, he said, adding that the figure will be one hundred percent for a period of ten years in underdeveloped areas.
Tax exemptions in free trade zones will be extended for 20 years, he added.
...