Iran replaces VAT with Consumption Tax
- Feb 9, 2017 | Richard Asquith
A new Consumption Tax, only payable at the final point of sale to a consumer, has been proposed in Iran.
It would replace the existing VAT regime which is vulnerable to fraud in the supply chain. VAT was introduced into Iran in 2009, and is currently set at 9%.
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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax
Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara