• time : 9:27:29
  • Date : Sat Feb 22, 2020
  • news code : 190625
We seek to increase tax revenue by defining new tax bases
The approach of the government, and in particular the Ministry of Economy, is not to compensate the decline in oil revenues and Treasury financing by putting pressure on the disciplined and credible private sector, said the Minister of Economic Affairs and Finance at the ninety-third session of the Government and Private Sector Dialogue Council.

(SHADA: TEHRAN) -- During the session attended by private sector activists and representatives of the executive bodies Farhad Dejpasand said: We seek to increase tax revenues by defining new tax bases, preventing tax evasion, and organizing tax breaks.

We are asking the Chambers of Commerce, Industry, Mines and Agriculture, Guilds, and Cooperatives to assist the Ministry of Economy in combating tax evasion, as well as in defining new tax bases and other related topics, he stated.

During the last year we have tried to use tax as a tool of economic policy making, the Minister of Economy said.

Stating that we must prevent liquidity from disrupting activities and unreasonable fluctuations in the currency, gold and commodity markets, he noted: In this regard, taxation has been well used as an economic tool to tackle disruptive activities in the country's economy that poison the private sector.

During the last year we have tried to use tax and tax exemptions as a tool for the return of foreign currency resulting from export; therefore, we consider non-oil exports tax-free, but we have reserved this exemption to return the exported currency to provide the resources needed to import goods into the country, Dejpasand added.

We believe that the return of the currency resulting from export to the production cycle and economy of the country can play a role in accelerating the economic growth of the country, the Minister of Economy emphasized.

Given that the enemy has made every effort to close the flow of resources into the country, during the eleven months of this year, we have imported about $39.7 billion worth of goods, which has been higher than in the same period a year earlier, and we also exported about $38.8 billion worth of goods during that period, he continued.

Regarding the FATF Summit, the Minister said the summit is being held and Iran is likely to be the topic of the tomorrow's agenda, adding that currency exchange developments in recent days have nothing to do with the FATF agenda.

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