Publish Date: 7 June 2023 - 16:42

Iran’s tax revenues up 45% y/y in March-May

Tehran, IRNA – Iran’s National Tax Administration (INTA) collected as much as 880 trillion rials ($1.762 billion) of taxes in the first two months of the current Iranian calendar year (March 21 – May 21), according to INTA chief Mohammad Hadi Sobhanian.

Sobhanian said on Wednesday that the figure is 45% higher in comparison to 610 trillion rials ($1.221 billion) of tax revenues collected in March-May 2022.

Direct taxes – 460 trillion rials – accounted for some 53% of Iran's tax receipts during the two months to late May while indirect tax was responsible for 47% or 420 trillion rials of the tax revenues over the same period, he added.

Sobhanian said Iran’s tax revenues in the calendar month of Ordibehesht (April 21 – May 21) reached 450 trillion rials ($901 million), a rise of 40% compared to the same month in 2022.

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