The Ministry Of Finance Announced A Tax Discount On The Private Sector

Date: May 16, 2023, 12:05

The Ministry of Finance says that to grow and support the private sector, tax discounts and facilities have been provided.

In the ministry's announcement, it is stated that for the growth and development of the industrial sector, the quarterly profit tax has been reduced from four percent to two percent.

Also, seven percent of the subject contract tax has been waived for the agricultural, industrial, and commercial sectors.

quarterly profit tax of universities, schools, and private schools has been waived for one year (the fiscal year 1402).

This ministry says that to facilitate traders and industrialists, the field of passport distribution should be created for them in all zones of the country.

Also, in the newsletter of the Ministry of Finance, it is stated that the Ministries of Foreign Affairs and the Ministry of Industry and Trade are responsible for the problem of obtaining visas for traders and industrialists with the ambassadors of all related countries and to solve the problem of visa for traders and industrialists.



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