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Home Economy Economy News Production tax possible to be decreased to 20%

Production tax possible to be decreased to 20%

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Production tax possible to be decreased to 20%

TEHRAN- Head of Iran's National Tax Administration (INTA) Seyed Kamel Taqavi-Nejad announced on Monday that in a bid to protect protection sector it is possible to decrease the levied tax on this sector from its present 25 percent to 20 percent, IRIB reported.

To protect domestic production sector under the current sanctions era, various plans including some tax exemption for domestic producers have been implemented by INTA.

 

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