Tag Archives | taxation

Iran moves to Tax its Frequent Travelers

By Saeid Jafari for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. A threefold increase in the departure tax proposed by the government has prompted outrage among many Iranians. The proposed hike is part of the administration’s new budget plan for the upcoming fiscal year, starting […]

Iran, Armenia promote Tax Cooperation

Head of the Iranian National Tax Administration and Ambassador of the Republic of Armenia discussed the most important tax issues, calling for promotion of economic and tax cooperation. During the meeting held in Tehran,  Sayyed Kamal Taghavinejad, Head of the Iranian National Tax Administration, pointed to the long-term political, economic and cultural relations between the […]

Tax Incentives Considered for Foreign Investors

Hussein Banisaffar (pictured), the president of tax affairs in Tehran, has said that tax incentives “have been considered” to attract foreign investors and tourists. Some changes are intended to take place in tax laws, including the Law on Value Added Tax, but first they must be approved by parliament, Banisaffar said. “With a series of […]

New Tax Incentives for Iranian Tourism Industry

The General Director of the Iranian National Tax Administration (INTA) has said that new tax incentives will be given to the tourism industry in the next Iranian calendar year (1395). Seyyed Kamel Taghavinejad (pictured) said that tourism revenues for hotels and new tourist residential centers belonging to non-governmental legal entities will be tax free for  […]

Iran Moves to Tax its Way Out of Crisis

By Maysam Bizær, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Facing oil slump, Iran moves to tax its way out of crisis Amid warnings by some experts of the possibility of a further slump in oil prices in 2016, crude oil prices briefly hit […]