Iranian Labour News Agency

| 10:53   
News code : ۱۳۷۶۱۲۵

Iran's tax receipts up 41% y/y in June quarter

Iran's tax revenues have increased by 41% year-on-year in the first three months of the current calendar year (March 21–June 21), according to a senior official with Iran’s National Tax Administration (INTA).

Iran's tax receipts up 41% y/y in June quarter

Mojtaba Amiri, the director of INTA’s Department for Planning and Statistics, told IRNA on Sunday that Iran’s tax receipts hit 1,371.88 trillion rials ($2.743 billion) in March-June period.

Amiri said that the figure was an increase of 41% compared to 975.54 trillion rials reported in last year’s corresponding period.

He noted that the amount of taxes collected so far is 73% higher than targets set up in Iran's current year budget law.

The official said that direct taxes accounted for 72% of Iran's tax revenues in the June quarter, adding that the INTA's indirect tax receipts on goods and services had increased by 39% year on year over the same period.

Under the pressure of Western sanctions, Iran has a policy to cut its reliance on oil revenues and boost taxation as part of its economic diversification plans.