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FinancialNews
31-08-21
Iran plans to increase tax revenue to GDP ratio up to 50 percent
(MENAFN)IRIB quoted Iranian Finance and Economic Affairs Minister Ehsan Khandouzi as saying that “We should increase the tax revenue to GDP ratio up to 50 percent through smartening of tax collection process.”
During an assembly with senior managers of the country’s tax organizations, Khandouzi further declared that "We should try to increase the tax to GDP ratio, up to 50 percent in the next four years, and achieving this goal is possible through smart and fair taxation."
The minister also stated that Khandouzi highlighted the requirement to accomplish macro-scale goals and plans and added: “We have suffered from both inefficient traditional tax collection methods and unfair tax methods that cause injustice to various social groups.”
In addition, “The mentioned goal is a covenant of commitment by the National Tax Administration with the president, the economy minister and the parliament,” he said, citing the significant role of the country's National Tax Administration as an important source of revenue for the government along with other agencies.
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