Baku, Azerbaijan, July 15
Trend:
Iran’s tax revenues amounted to 1,158.4 trillion rials in the last fiscal year, ended March 20, 2018.
Each USD makes 43,000 rials based on official rate.
The revenues registered a rise by 14.2 percent year-on-year, the Central Bank of Iran (CBI) said.
Over 99 percent of the tax revenues envisaged by the national budget bill (1,164.6 trillion rials) have been realized during the 12-month period.
Iranian administration earned 531.5 trillion rials from direct taxes, 7.6 percent more year-on-year.
Meanwhile the figure was 626.9 trillion rials for indirect taxes, registering a 20.4 percent rise compared to the preceding year.
The envisaged budget revenues for direct and indirect taxes for the last fiscal year were 568.7 trillion rials and 598.8 trillion rials, respectively.
The Iranian government’s revenues through imports reached 226.7 trillion rials in the same span of time, 23.9 percent more year-on-year.
The predicted import tax revenues in budget for the same time period was 173.8 trillion rials.
The government’s revenue through car imports stood at 25.3 trillion rials during the last fiscal year, 4.8 percent less compared to the preceding year.
The government revenues of car import taxes was significantly below the forecasted figure for the 12-month period (32.3 trillion rials).
Iran imported 70,075 passenger cars during the last fiscal year, 8.7 percent less compared to the preceding year.
The value of the imported cars amounted to $1.838 billion in the 12-month period, which is 8.4 percent less year-on-year.