Coll 28/3(2) ‘Persia. Financial situation.’ [‎21r] (41/817)

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of the en £' neers h as been sent to inspect the privately owned factories in
the laonz area to report on their spare-parts requirements.
With respect to industry and mines, it will be understood that responsibility
.or ieir management rests with the Minister of Commerce and Industry. We are
appreciative of the active steps that he has taken to place the Government-owned
industries on an efficient basis.
Internal Revenue
Tax receipts in lehranfcr the month under review amounted to ids. 39,053,918.10
compared with Rls. 33,111^43.25 during the corresponding period last year. This
is an increase of k!s. 5,942,775.25, or 18 per cent. Increases were recorded in the
three principal tax categories, income tax, petroleum products tax and excise on
alcohol. When comparing collection figures with those of last year, consideration
must be given the fact that several tax categories which produced considerable
revenue last year were abolished as of 1 Farvardin 1323. These include the 3 per
cent tax, 10 per cent tax on mine products, and 10 per cent tax on forest products.
In addition, the electricity tax is now collected for the account of the municipalities.
Receipts from these taxes in Shahrivar 1322 amounted to Rls. 3,222,627.'20.
Receipts in lefnan for the first six months of the current fiscal year were Rls.
377,997,885.25 compared with Rls. 282,373,550.10 during the corresponding period
of 1322, an increase of Rls. 95,6:4,335.15, or 33 per cent. Income tax revenues in
creased from Rls. 172,533,945.25 to Rls, ^.43,663,438.35, or 4t per cent; petroleum
products tax from Rls. 66,253,566.95 to Rls. 85,581,151.70, an increase of 30 per
cent; and excise on alcohol from Rls. 17,511,679.35 to Rls. 33,533,684.35, or 94 per
cent. At the end of the first six months of 1323 the amount of income tax collechd
in Tehran was a little more than ninety per cent of the total amount collected
during the entire fiscal year 1322.
While the tax picture in Tehran is relatively bright, the same cannot be said of
the provinces. Available statistics show that revenue from taxes had in the past
been divided almost equally between the provinces and Tehran. Provincial receipts
this year show a decrease of approximately 50 per cent in comparison with leceipts
during the corresponding period last year, and constitute only about 21 per cent of
collections for the entire country this year. The two main reasons for the poor
showing in the provinces are: (1) the difficulties and delays which have been en
countered in putting the income tax in operation and (2) the abolishment of the 3
per cent tax, mines and forest tax and transference of the electricity tax to the
municipalities. These taxes last year accounted for 36 per cent of total provincial
receipts. Most of the delays in connection with the income tax have been overcome;
but it is not believed that that tax will provide sufficient additional revenue to make
up for the loss caused by the annulment of the taxes mentioned above. The current