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 forĀ  five years, and in less developed regions for 10 years.

The declared income of pilgrimage and tourist offices licensed by the relevant regulatory authorities will be entirely taxable at a zero rate.

He also clarified that the tax exemption does not include revenue from sending tourists abroad.

(Source: Ministry of Economic Affairs and Finance)

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