Condition of tax exemption in the capital market

According to Tejarat News, according to the new circular of the Ministry of Economic Affairs and Finance, the conditions tax exemption It is as follows in the capital market.

In order to encourage investment in companies admitted to the stock exchange and over-the-counter and to encourage them not to share more of the acquired profit and use the resulting resources to increase capital and as a result develop production sectors and create new job opportunities in 1401, its income tax The part of the undivided profit of the mentioned companies that is transferred to the capital account should be subject to zero tax rate. The following are noteworthy in this regard:

According to the circular of the country’s tax affairs organization, those companies that have been admitted to the Tehran Stock Exchange or the Iranian Foreign Exchange until March 29, 1400, if from the beginning of the year 1401 to the end of the same year, their undistributed profits of the previous fiscal year, according to the decision of the assembly The extraordinary general share of the shareholders shall be transferred to the capital account in compliance with the prescribed legal arrangements, including the registration of the capital increase in the Companies Registration Office, the capital increase in this way is subject to zero tax rate in compliance with other relevant laws and regulations.