Iran to Exempt Foreign Investors From Taxes, Tehran Times Says
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Iran will try to lure foreign investors with tax exemptions ranging as high as 100 percent, Iranian Deputy Economy Minister Behrouz Alishiri said.
Foreigners investing in the country’s agriculture sector won’t have to pay any taxes, and investments in industry and mining will be exempt up to 80 percent, Alishiri said yesterday, according to Tehran-based newspaper Tehran Times. He didn’t forecast how much investment the exemptions would spur.