TEHRAN, Iran, July, 30
Trend:
Top official of Iranian National Tax Administration (INTA) said that according to the law, registering 'dummy corporations' for conducting transactions is a crime and will be punished, Trend reports via IRNA.
Director General of the Legal Office and Tax Contracts of Iranian National Tax Administration (INTA) Hossein Tajmir Riahi warned the people who register fake companies to evade taxes.
"In recent years, opportunistic individuals have registered dummy corporations and have committed criminal acts such as tax evasion, money laundering, smuggling of goods or illegally obtaining bank facilities, which according to the amendment to the Direct Taxes Law, these persons will be prosecuted and sentenced to criminal punishment,” Riahi said.
He said that such corporations are usually registered to make it impossible to identify the real owners of income and ultimately evade paying taxes.
"Due to legal loopholes, wrong procedures and other factors, the registration of such corporations has increased in recent years," he said.
He went on to say that to prevent the registration of such corporations, the necessary measures should be taken, such as verification and review of information in databases so that the at least those corporation will not be registered in the name of unqualified persons.