Iranian insurers required to pay more taxes

March 26, 2018

Following a parliamentary session, MPs voted for a measure, compelling Iranian insurers to put their hands in their pockets for more taxes to pay.

During the next financial year, which starts on March 21, 2018, insurance companies will have to pay 2 750 billion IRR (74 million USD) to Iranian Treasury, an amount which is 10% higher than what they had previously been paying.

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