Central Bank of Iran Says Will Pay Tax Only on Realized Profit

In the wake of a single urgency bill approved this week by the Majlis to tax the income of the Central Bank of Iran, the bank issued a statement late Monday, indicating that the legislation comes with “ifs and buts”.

Financial Tribune- In the wake of a single urgency bill approved this week by the Majlis to tax the income of the Central Bank of Iran, the bank issued a statement late Monday, indicating that the legislation comes with “ifs and buts”.
Despite vehement opposition from the CBI, lawmakers passed a measure on Sunday obliging the CBI to pay "50% of its profit and preliminary tax until February 4" to the treasury.

Publish Date: Feb 6, 2019