INTA meaning in Business ?

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Answer:

What is Iranian National Tax Administration mean?

The Iranian National Tax Administration or in brief INTA is one of the organizations affiliated to the Ministry of Economic Affairs and Finance in Iran which is responsible for handling the country's tax affairs. Among the tasks of this organization are reforming and mechanizing the country's tax system and implementing Value-added tax.

In line with the implementation of Article 59 of the Third Economic, Social and Cultural Development Plan of the Islamic Republic of Iran, in order to increase the efficiency of the tax system and eliminate existing organizational barriers and also focus all matters related to taxation in a single organization, the National Tax Administration in form of a government agency was created under the supervision of the Ministry of Economic Affairs and Finance in 2002. With the establishment of this agency, all the powers, duties, manpower, facilities and equipment of the Ministry of Economic Affairs and Finance in the Deputy of Tax Affairs and tax departments were transferred to it.

This organization is one of the most lucrative government organizations in Iran and has been the first depositor to the country's treasury since 2015, surpassing the National Iranian Oil Company; So that in the annual budgeting, a very high percentage of the revenues of the Ministry of Economic Affairs and Finance and the current budget of the country is obtained by this organization.

The importance and major role of this organization in managing the economic, financial and commercial affairs of Iran and prosperity of the private sector and direction of economic and commercial activities is undeniable.

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Posted on 21 Sep 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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