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Iran’s tax receipts up 49% y/y in month to late April

Iran collected over 430 trillion rials in tax revenues in the calendar month to April 20.

The Iranian National Tax Administration (INTA) has reported a major increase in its tax receipt in the calendar month to April 20.

INTA’s head Mohammad Hadi Sobhanian said on Sunday that the organization had collected 49% more tax in the month to late April compared to the same period in 2022.

Sobhanian said tax receipts over the period had reached a total of more than 430 trillion rials ($860 million).

He said direct tax revenues had reached 190 trillion rials in the month to late April, up 44% from April last year, adding that taxes on goods and services, including the value-added tax, had risen 56% year on year in April to reach 240 trillion rials.

The official said the government views increased tax revenues as a stable source of financing its budget, adding that improved tax collection could also help control high inflation in the country.

Iran has introduced various schemes in recent years to increase its tax revenues, including by launching data systems that can prevent tax dodging.

The measures are in line with government efforts to diversify the Iranian economy away from oil export revenues and to reduce the impacts of foreign sanctions on the country.

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