What are the clues and tax coefficients?

What are the clues and tax coefficients?

To determine the amount of tax on the income of the beneficiaries and taxpayers, there must be a series of documents. These documents and documents are called tax proofs in the specialized reform of tax affairs, which means that the taxpayer’s tax is determined based on a series of proofs and evidences that are clearly defined in the law.

What does tax advice include?

There are different types of tax evidence that tax inspectors request from taxpayers and determine taxes based on their examination.

Tax evidence: annual purchase

The amount of purchases made by any organization or company or economic enterprise during the year is one of the tax evidences and is checked by the inspectors of the tax department. The annual purchase can be any kind of purchase, including raw materials, equipment, welfare affairs, etc., for which taxpayers must keep all their documents.

Tax evidence: annual sales

Any sale of products, services, etc. in an economic enterprise is considered as tax evidence, and the inspectors of the tax department examine the documents related to them and determine the tax based on that.

In addition to annual purchases and annual sales, tax evidence can include non-specific income, the amount of production in factories, the value of the right to assign the place of business, the amounts paid as fees and royalties to notary public offices, and other things that are considered by the tax inspectors. It depends.

What are the tax coefficients?

Tax coefficients are a series of figures in the form of percentages, which are applied in the determination of taxes on top of the rates set for income tax.

How are tax coefficients determined?

Determining the tax coefficients must be calculated annually through the relevant bodies and officially communicated to organizations, bodies and natural and legal persons so that it can be implemented.

Tax coefficients are determined by a commission with the presence of representatives of the central bank and representatives of the tax affairs organization, representatives of the guild council, representatives of the medical system and representatives of the Chamber of Commerce, Industries and Mines, and these coefficients are based on the economic situation of the country and the collective opinion of these representatives on an annual basis. It is approved and officially communicated to the relevant people and organizations.

Can these coefficients be changed?

Before the official notification of these coefficients, the approvals of the commission meeting will be notified to the cities and the cities will hold a meeting attended by the head of the city tax department, a representative of the trade union council, a representative of the medical system, and a representative of the city chamber of commerce, and will review the submitted table and discuss the economic situation. The city will measure and send the necessary changes to the center, and if the evidence sent is justified, the center will change the table of coefficients according to the conditions.
Mehdi Koh Soltani (financial services, accounting, financial and tax consultant):
Link to the audit accounting clinic
https://t.me/joinchat/BnzBsTuioTshiXBwf9bBPQ