- Iran’s Parliament has rejected the government’s proposal to increase the VAT rate from 10% to 12% in the 2026 budget.
- The VAT rate will remain at 10% next year.
- The decision was made to avoid increasing inflation and consumer prices.
- The proposal did not receive enough support from lawmakers.
Source: ideaagency.net
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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