3th March 2008 - " Kazem Delkhosh, correspondent of the Economic Commission of the Parliament "
VAT bill to be validated by the Guardian Council
Following the approval of the VAT bill in the Economic Commission of the Parliament considering Article 85 of the Constitution, the Guardian Council is soon to comment on the bill after considerations.
According to IRNA reporter quoting the Iranian Tax Media, VAT bill was referred to the Plenary Meeting of the Parliament to decide on the duration of pilot implementation after being investigated and approved by the Economic Commission of the Parliament according to Article 85 of the Constitution.
After determining the pilot implementation duration in the Plenary Meeting of the Parliament the bill, is then to be referred to the Guardian Council for further consideration.
After approval of the bill by the Guardian Council and referral to the government for implementation, the Iranian National Tax Administration (INTA) shall have 18 month to implement it according to now VAT Law.
Kazem Delkhosh, correspondent of the Economic Commission of the Parliament, stated on this:
“With the cooperation of tax authorities, the Iranian National Tax Administration has accomplished the necessary preparations for implementing the Law months ago which includes developing the necessary data bank, organizing enforcement officers, training tax assessors and developing the necessary culture prior to implementation of the Law; therefore there is a possibility that the bill shall be implemented sooner than the determined deadline in next year.”
On the other hand, Iraj Nadimi, vice president of the Economic Commission of the Parliament said:
“The Guardian council which right now is considering the bill will soon announce comment on the bill to the Economic Commission of the parliament”.