Iranian bank account profits still tax free
(MEBG) – The Iranian cabinet has not yet approved the new proposed tax on bank account profits, according to a report issued by the Public Relations Office of the Central Bank of Iran.
The report states that the issue was first recommended in a proposal for revising the Direct Tax Law, which was discussed by the cabinet's economic commission, yet subsequently rejected. The commission supported Article 145 of the current law, which states that all profits and grants associated with bank accounts would remain tax-free.
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