BAKU, Azerbaijan, February 4. Iran's tax revenues increased by 47 percent during ten months of the current Iranian year (from March 20, 2024, through January 19, 2025) compared to the same period last year (March 21, 2023, through January 20, 2024), Trend reports via the Iranian Tax Organization.
According to the report, tax revenues in the country for ten months totaled 9.2 quadrillion rials (about $16 billion). This is almost 90 percent fulfilled, under the budget for the current Iranian year (from March 20, 2024, through March 20, 2025).
Direct tax revenues stood at 6.12 quadrillion rials (about $10.6 billion) (about 67 percent) of tax revenues for ten months.
Taxes on services and products accounted for 33 percent of tax revenues, i.e., 3.08 quadrillion rials (about $5.37 billion) in ten months. Most of it, namely 1.93 quadrillion rials (about $3.36 billion), relates to value-added tax.
The tax payments of legal entities on direct taxes amounted to 4.12 quadrillion rials (about $7.19 billion).
Income tax payments on direct taxes amounted to 1.77 quadrillion rials (about $3.09 million).
The property tax on direct taxes amounted to 230 trillion rials (about $401 billion).
The Iranian Tax Organization reports that 1.3 quadrillion rials (about $2.3 billion) of tax revenues were paid to mayors and other executive bodies of the country's provinces during the ten months. This is a 27 percent increase over the same period last year.
Furthermore, the Iranian Tax Organization notes that 1 quadrillion rials (about $1.74 billion) of tax revenues were paid to mayors and other executive bodies of the country's provinces during the same period last year.
Iran's tax revenues for the last Iranian year (from March 21, 2023, through March 19, 2024) amounted to 8.06 quadrillion rials (approximately $192 billion). During the last Iranian year, tax revenues in Iran increased by 70.6 percent compared to the previous year (from March 21, 2022, through March 20, 2023).