Announcing the list of goods subject to tax exemption
Announcing the list of goods subject to tax exemption is a positive step, the Deputy Minister of International Affairs of the Tehran Chamber of Commerce, Industries, Mines and Agriculture, referring to the list of exported goods subject to tax exemption by First Vice President Ishaq Jahangiri, said: It is considered a positive percentage in order to prevent the sale of raw materials.
The Deputy Minister of International Affairs of the Tehran Chamber stated: The export of Iranian goods and products should not only be exempt from any kind of tax, but also should be given incentives by the government in order to be more active in the international arena.
According to the official, the best situation that can be imagined for the export of goods is the production of final products or at least intermediaries to prevent the sale of raw materials. It is estimated that trillions of tons, if extracted and processed and become the final commodity, will create enormous added value for the country.
Referring to the need to create infrastructure to achieve this, Bakhtiari said: “During the difficult period of sanctions, the country’s enterprises and economic actors lagged behind the progress and developments in global development.”
He noted: “Today, there is the ability among businesses to update themselves and it is hoped that with government support, the shortage of infrastructure in the field of mining will be gradually compensated. According to IRNA, Ishaq Jahangiri in a circular dated 16 August. This month, it amended Article 141 of the Law on Direct Taxes and included some minerals and oil. Accordingly, 100% of the income from the export of services and non-oil goods and agricultural products and 20% of the income from the export of materials Raw is taxed at zero.
He also pointed to the cohesive and coordinated economic team of the twelfth government, stating: “It is expected that this team will be able to design and implement better programs in the next four years, and especially have a special importance in the implementation of the Sixth Development Plan.”