What are the various areas of direct taxation?
According to the Direct Taxation Act, there is, in principle, a direct tax on
real property, undeveloped land, inherited wealth, income earned from
agricultural activities, salary, professions, corporations, incidental income
acquired through various sources. However, depending on specific cases,
exemptions and reliefs are also available.
Are tax facilities provided to non-Iranians investing in Iran as well?
According to the Foreign Investment Promotion and Protection Act (FIPPA) of 2002
and its Implementing Regulations, all capital invested in Iran and the profits
that accrue therefrom shall be subject to government protection. All rights, tax
exemptions, and facilities accorded to domestic capital and private productive
enterprises, are also available to foreign capital and corporations. As an
example, foreigners can enjoy the advantages and facilities provided in the
agreements concluded on avoiding double taxation between Iran and their