The purchase and sale of currency outside of banks or exchange offices is subject to tax

According to monetary financial news, the country’s tax affairs organization announced in a statement: Foreign exchange traders who, according to the announcement of the Central Bank and regulatory bodies, have made unauthorized buying and selling of currency outside the banking network or exchange offices, are subject to payment under Article 163 of the Direct Taxes Law. Income taxes are levied.

The announcement states:

“Necessary measures to identify and collect taxes from one thousand five thousand foreign exchange traders introduced by the Central Bank who in the past two years have bought and sold foreign currency illegally through more than five thousand bank accounts and outside the banking network and exchange offices. “They are under tax investigation.”

It should be noted that the turnover of foreign exchange brokers has been more than 100 thousand billion tomans, of which 731 of these foreign exchange brokers have no tax history and for the first time a tax file has been filed for them.

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