Iran sees 31 percent surge in annual tax revenue

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Iran’s tax revenue reached 34.04 billion U.S. dollars in the past Iranian calendar year ending on March 19, Tehran Times daily reported Sunday.

The figure registered a 31-percent increase compared with the preceding year, said Omid Ali Parsa, head of Iran’s National Tax Administration (INTA).

Iran gained projected tax income by 102 percent in the past year, he said, putting the average tax income growth at 21 percent during the past five years.

Preventing tax evasions has been one of the priorities of INTA, he added.

With a decline in oil revenues, Iran planned to gain income from elimination of hidden energy subsidies and increased tax incomes as compensation, said Mohammad Bagher Nobakht, head of Iran’s Plan and Budget Organization.

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