Iran to offer new tax-exemption incentive to tourism

Tehran, Feb 16, IRNA – Iran will grant a new tax-exemption incentive to the newly-constructed hotels and tourism centers in the country since the beginning of the next Iranian calendar year (March 20, 2016), said Seyed Kamel Taqavinejad, the head of Iranian Tax Administration.

According to Taqavinejad the new hotels and tourism centers will receive income tax exemption for a course of five years, the Islamic Republic of Iran Broadcasting (IRIB) reported.
The incentive will be granted for a duration of ten years to those hotels and tourism centers which will be built in the less developed regions, the official noted.
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