Taxation in Iran

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The government earned 150% more from tax than from oil in the last fiscal year (March 2016-17), the chairman of Iranian National Tax Administration said.

Iran says it will offer a tax break of 13 years to hoteliers in what appears to be part of a policy devised to promote the country’s tourism industry.

According to Taqavinejad, the raised amount registers a 29 percent increase, compared to the collected tax income in the same period last year.

The Iranian government is earning more from tax than oil for the first time in almost half a century as the country shifts its traditional reliance on crude to taxation revenues in the face of plummeting oil prices.

Iran is losing between $12-20 billion a year through tax avoidance and evasion, head of the State Tax Organization Ali Askari says.

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