Title: Iran Clarifies Scope of New Transaction-Based Tax Initiative
Tehran – In a move to streamline tax collection and enhance fiscal transparency, the Iranian National Tax Administration (INTA) has provided crucial details regarding a newly implemented tax mechanism.
Official Clarification on Implementation
A spokesperson for the INTA has directly addressed public speculation, firmly stating that reports of a blanket tax being levied on all card terminal transactions are “false.” The official emphasized that the new measure is highly targeted and not a universal application.
Focus on Luxury Services Sector
The clarified initiative currently applies exclusively to approximately 100 high-end luxury restaurants. For these specific establishments, the Value-Added Tax (VAT) will now be collected simultaneously at the point of sale through their card reader systems. This “real-time” collection method is designed to increase efficiency and ensure compliance within a specific segment of the service industry.
This targeted approach underscores the government’s focus on optimizing revenue collection from designated luxury goods and services, aligning with broader economic policies.