Banking and insuranceEconomical

Research and technology centers were exempted from paying VAT


According to the financial monetary news quoted by the General Office of Public Relations of Post Bank of Iran, in accordance with the provisions of this resolution, educational and research centers, institutions and persons from the Ministry of Science, Research and Technology, Health, Treatment and Medical Education, Education and Qom seminary has received a license, they benefit from this tax exemption.
The provision of sports services by sports federations and boards, institutions, centers, unions and sports clubs, and persons licensed by the Ministry of Sports and Youth is also subject to this exemption.
According to this report, the issue of exemption of research and technology centers from paying VAT has been notified to the branches of the provinces, regions of Tehran and the headquarters offices through the Circular No. 00/236 / B dated 17 February of the Deputy of Finance and Investment of Post Bank of Iran.
The resolution was proposed by the Ministries of Economic Affairs and Finance, Science, Research and Technology, Health, Treatment and Medical Education, Education, Cooperation, Labor and Social Welfare, Sports and Youth, Defense and Support of the Armed Forces, and the Center for the Management of Seminaries. Approved in the Cabinet.

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