Strict parliamentary resolution on concealment of financial statements
Strict parliamentary resolution on concealment of financial statements: The head of the economic commission of the parliament said: According to the recent parliamentary resolution, if institutions and organizations do not submit their economic information to the stock exchange organization, the registration organization will not make their annual registration changes, their bank accounts will be blocked. Fines will be imposed on them.
Mohammad Reza Poorabrahimi, emphasizing the imposition of severe penalties for concealing financial statements, announced a major change in the structure of Iran’s economic transparency and said: They will not make annual registration changes, their bank accounts will be frozen and they will be fined. He added: “After the approval of this law, the reports we received from the Stock Exchange Organization and the Ministry of Economic Affairs and Finance showed that many of these institutions do not comply with the law due to the lack of a specific executive guarantee.” The head of the economic commission of the parliament stated: with the new resolution of the parliament, a large part of the economic enterprises whose economic information was not transparent and this created economic inefficiency and reduced government revenues in the tax sector, are required to comply with the law and disclose information. Will be economical. According to Pour-Ebrahimi, this resolution formed a great change in the structure of Iran’s economic transparency, and a great event took place in Iran’s economy.