Entrepreneurs in the central province are exempted by 10 percent tax on sports expenses

Entrepreneurs in the central province are exempted by 10 percent tax on sports expenses
  • 2019-06-09
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Central Provincial Co-operative, Labor and Social Welfare Director: Employers in the province receive a 10 percent surplus-cost exemption on sports fields.

According to Iran Stone Exhibition, Mohammad Taghi Abaei stated that employing the capacity of this law by the employers of provincial production units will affect tax exemptions in the health and health of employees and increase productivity in production units.

He said: Companies in the central province have benefited from the provision of two articles thirty eight and eight VAT laws in 1397 about 30 billion rials.

The Director General of Cooperatives, Labor and Social Welfare of the Central Province said: According to this article, if the production units establish or spend training centers or spend money in order to improve the skills and health of their employees, they can announce social welfare work. Ten percent of the fees referred to in paragraph (a) of this Article shall be refunded up to the cost incurred.

Abaii added that if the costs were approved by the Office of Co-operation, Labor and Social Welfare, the tax office would increase or refund the funds. Central Province has a population of twelve cities with one million four hundred thousand people and is known as the fourth pole of the country's industry with two thousand and nine hundred small and large industrial units.

* IRNA