Iran’s tax incomes drop significantly
Baku, Azerbaijan, July 28
By Emil Ilgar – Trend:
The Central Bank of Iran (CBI) says the government’s tax revenues decreased significantly during the first month of the current fiscal year, started on March 21.
“The total tax revenue in the first month (March 21-April 21) reached 39 trillion rials ($1.19 billion), which indicates 1.8 percent fall compared to the same period last year.
The official USD rate in Iran is 32,750 rials.
During the whole 12 months of the last fiscal year, Iran’s tax revenues amounted to 1,014.7 trillion rials ($31.7 billion based on official rate of each 32,000 rials per USD), about 28.1 percent more than the previous year.