New Tax Incentives Assigned for Listing in Tehran Exchange Market
05 July 2020 - Hour 15:42
Head of the Tax Administration has announced in a circular that an exclusive tax package will be presented to the companies newly joining the stock market in the current Iranian year.
The Tax Administration is now barred from entering previous years’ statements of the companies joining TSE in the current year and won’t be interfering with their previous accounts; therefore, these companies will be only paying taxes for their financial statements of the last year. Mentioned companies are obliged to float a minimum of 25% of their shares in the capital market.
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