Taxation in Iran

Taxation in Iran is levied and collected by the Iranian National Tax Administration under the Ministry of Finance and Economic Affairs of the Government of Iran. In 2008, about 55% of the government's budget came from oil and natural gas revenues, the rest from taxes and fees.[1] An estimated 50% of Iran's GDP was exempt from taxes in FY 2004.[2] There are virtually millions of people who do not pay taxes in Iran and hence operate outside the formal economy.[3][4] The fiscal year begins on March 21 and ends on March 20 of the next year.

As part of the Iranian Economic Reform Plan, the government has proposed income tax increases on traders in gold, steel, fabrics and other sectors, prompting several work stoppages by merchants.[5] In 2011, the government announced that during the second phase of the economic reform plan, it aims to increase tax revenues, simplify tax calculation method, introduce double taxation, mechanize tax system, regulate tax exemptions and prevent tax evasion.[citation needed]

  1. ^ Iran: Crude price pegged at dlrs 39.6 a barrel under next year's budget Archived 2011-06-22 at the Wayback Machine Retrieved 30 January 2008
  2. ^ "About this Collection - Country Studies" (PDF). Archived (PDF) from the original on 22 June 2015. Retrieved 15 July 2017.
  3. ^ "Ahmadinejad's Achilles Heel: The Iranian Economy". Archived from the original on 10 October 2017. Retrieved 11 June 2015.
  4. ^ "The World Factbook". Retrieved 11 June 2015.
  5. ^ Fassihi, Farnaz (October 12, 2010). "Iran's Economy Feels Sting of Sanctions". The Wall Street Journal. Archived from the original on December 30, 2017. Retrieved August 8, 2017.

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