Over 540K Luxury Cars Taxable – Financial Tribune

A total of 547,692 cars belonging to 272,498 people are liable to pay the luxury tax, the Iranian National Tax Administration announced. Luxury tax had not been implemented for a long time, but with the approval of bylaws and the identification of people subject to this tax, it is about to be implemented, Car.ir reported. However, the noteworthy issue is that only natural persons owning such cars are being taxed, as legal persons such as ministers, officials and parliamentarians have been excluded.

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Source: https://financialtribune.com/articles/auto/112298/over-540k-luxury-cars-taxable

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A total of 547,692 cars belonging to 272,498 people are liable to pay the luxury tax, the Iranian National Tax Administration announced. 
Luxury tax had not been implemented for a long time, but with the approval of bylaws and the identification of people subject to this tax, it is about to be implemented, Car.ir reported. 
However, the noteworthy issue is that only natural persons owning such cars are being taxed, as legal persons such as ministers, officials and parliamentarians have been excluded.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Source: https://financialtribune.com/articles/auto/112298/over-540k-luxury-cars-taxable