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Maliyat journal (Iranian Tax Review)

 

No. 42, autumn 2006

 

 

 

IN THE NAME OF ALLAH

 

FROM THE PRESIDENT

 

A necessary step towards reformation of an organization with the aim of enhancing its efficiency and effectiveness would be the embarking on a program of studying the practices and approaches established therein by lapse of time and evolved to an ordinary way of handling the current affairs. As regards the tax organization, a similar situation may be encountered with regard to one its significant functions, namely the assessment of chargeable income of taxpayers. According to the tax law, the principal and normal method for assessment of taxable income is determined to be the reference to statutory books, accounts and records of relevant taxpayers. Based on such a method, the real situation of taxpayers and their actual profits and losses ought to be ascertained as far as possible, and the same is to be taken as the basis of applicable taxes.

The law has also envisaged a situation where the taxpayers' accounts and records are out of reach, or they are deficient in a way to lack the necessary conditions for examination. Certain mechanisms are provided by the law for these cases, such as arbitrary or ex-officio assessment, application of tax indices and coefficients and the like.

But resorting to these devices should be confined to situations where ample justification would exist for such treatment. They must not be overused or misused in a way to convert them from exception to common rule. Having recourse to mechanisms in question frequently and beyond the limits which the law and the nature of cases would necessitate, may also be taken as an indication of tendency towards inactivity and evasion from difficulties of thorough investigation of details of relevant cases. A behavior of this kind would entail proliferation of unnecessary tax disputes and, as a consequence, waste of time and valuable resources of taxpayers, as well as those of the tax organization.

The practice in question is not a produce of today or yesterday. It has been the legacy of long long ago. Traces of certain efforts for curtailing its dimensions can be found in some amendments made to the tax law itself. As an example we can refer to the Note 2 of the Article 97 of the Direct Taxes Act. The basic purpose of that article is to determine the cases where the method of ex-officio assessment of taxable income may be applied. But in the same very article it has been emphasized that assessment of income must take place on basis of actuality and by referring to accounts and records of taxpayers as far as is practicable.

The fact should obviously be taken into account that the undesirable approach referred to above is not a common practice and only a group of taxmen are inclined to take benefit from it. But we have to admit that such a tendency is contrary to the idea of dynamism of tax organization and against the spirit of the law. We have, therefore, to hold it in check and do our best to restrict the application of ex-officio assessment to legally permitted occasions.

What mentioned above would not obviously mean that the procedure of ex-officio assessment is to be wholly abandoned. The purpose is to conduct the affair to its legal and natural channel. Should there exist real conditions for resorting to ex-officio assessment, its application would obviously be allowable. What is unacceptable is the mentality of evasion from endeavor and effort for ascertaining the real situation of tax cases. Even in case of ex-officio assessment, the law would require the utmost effort of officials for finding necessary information so that the assessment of income and application of tax indicia can be effected on basis of reliable data. Article 237 of the tax law is of special significance in this respect, which has to be taken into consideration in all discussions with regard to tax decisions. According to that article: "The tax assessment notice should be drawn on a correct basis and must be substantiated by sufficient evidence and information, in a manner to reflect manifestly all related activities and incomes derived therefrom, so that to be clear for the taxpayer".

That ruling reflects the spirit of all the matters and reasoning provided in the present editorial, and beside that, would testify the conformity of the same reasoning with legal requirements.

No need to say that such a treatment would cause, at the same time, the confidence and sympathy of taxpayers to be attracted more than before. Reduction in number of disputes, betterment of position of tax officials in defending their decisions and securing more prestige for tax organization, are amongst the additional benefits attributable to such logical and dignified approach.

 

Dr. Aliakbar Arabmazar

 

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VAT – A tentative law

 

By: Dr. Mohammad Tavakkol

 

Deliberations and discussions on value added tax have been going on for quite a long period. To find out how long this process has been continuing, we would refer to proceedings of the parliament (Islamic Consultative Assembly) for the date of 12 Jul. 2006, where a member of the parliament stated:

"For many years our governments, beginning from the government of HE Engineer Mousavi, as well as the government of HE Hashemi Rafsanjani, had in mind to establish the VAT in this country. But unfortunately it has been delayed due to some reasons and we have not been able to apply this taxation in the country".

That statement means that the idea of having VAT goes back to decade of eighties of the past century.

The recent bill of VAT, which is presently under deliberation in the parliament, had its first reading completed and its generalities okayed around one and a half year ago. Then it was referred to the Economic Committee of the parliament for detailed examination. As it can be understood from the text of the parliamentary debates: "The Committee has had lengthy talks in this regard and has not arrived at an overall conclusion so far".

Probably those delays and postponements have induced the parliament to resort to a solution envisaged under the article 85 of the Constitution, which reads as follows:

”The parliament cannot delegate the power of legislation to an individual or committee. But whenever necessary, it can delegate the power of enacting certain laws to its own committees, by due observance of the Article 72 hereof. In such a case, the enacted laws will be executed on a tentative basis for a period specified by the parliament, and their final approval will rest with the parliament" (Article 72 states that enactments of the parliament must not be contrary to religion or the Constitution).

The proposal for application of the article 85 of the Constitution to the bill of VAT was approved by the majority of MPs present at the same session of 12 Jul. 2006. Thus, the first Iranian VAT law is going to be a tentative and experimental law, of course after being approved by the Economic Committee. The reasons provided for such treatment were as follows:

1. Saving the time – In case of going through the ordinary channel of the parliament, much more time would have to be spent as a result of long debates of the plenary session of the parliament.

2. Correcting the law – During the probationary period, defects and weaknesses of the law will be revealed and the final law will be drafted by removing the defects.

3. Stability – Since the law would go through an experimental period and thus its defections will be corrected, much more stability and durability can be expected from the final enactment.

 

Contrary side of the argument

Those against the proposal of approving the law in the frame of the article 85 of the Constitution, argued that the law on VAT may have reverse effects on economy and production, because it would be apt to interpretations that may cause the burden of taxation to be transferred to producers, instead of consumers. Such unwanted situation may occur due to existing structural shortcomings and defects. As an example they referred to the Law on Aggregation of Duties, which had been enacted with a view to pass the burden of duties and similar charges to consumers. But the purpose of the law was not realized and in most cases it was the producer who endured the burden.

Based on that, the opponents of the proposal wanted the bill to be dealt with as an ordinary draft so that all MPs would have opportunity to express their views in open sessions of the parliament. In this way, according to them, the law would have better chance of being scrutinized and hammered out, so that the approved tax may sustain and serve its original and real purpose.

Notwithstanding the arguments of those against the proposal, it was, as we said earlier, approved by majority of MPs. As a result, the bill will be handled not by the parliament at large, but rather by an internal committee of it, namely the Economic Committee.

 

 

Expectation

Whereas the Economic Committee has been busy in reviewing the bill for a quite a long while, one may have justification to expect that ultimate fruit would at last ripen not far from now. But some indications against that expectation is inferable from the parliamentary proceedings of the same session of 12 July 2006, for instance:

a) The Committee may possibly have in mind to introduce some changes to existing tax laws simultaneously with approval of the VAT law. We find the following statement in this regard:

"The first point is that we have become prepared to write this law in coordination with other taxes. For example, it would not be the case that this tax [VAT] be approved while other taxes are remained untouched. No! We have to revise them as well". In proceedings reference has been especially made to the Direct Taxes Act and the Law on Aggregation of Duties. This issue may not appear so simple in practice. It might be easier in respect of the latter law, since it is possible to annul all or majority of existing duties after the VAT is established (a point that has been expressly foreseen in the text of the bill of VAT itself). But as far as the Direct Taxes Act (main tax law of the country) is concerned, the issue will certainly be more complicated.

b) It has been also mentioned at same session of the parliament that the Committee has in mind to introduce some kind of time table for enforcement of the law. For that purpose, the taxable goods (and perhaps the services as well) will be classified to categories such as alimental, chemical, pharmaceutical, metals, etc. The priorities for coverage of the law to different categories will be determined under the time table. Such timetabling is something new and had not been foreseen in the original text of the bill. More difficulties and delays may arise from alterations of this kind. One may ask whether the experimental term of the law is to be continued for how many years, that to permit such gradual execution? Taking into account the difficulties of enforcement of a wholly new and unprecedented taxation, we may perceive how a knotty situation would arise because of mixing those difficulties with inconveniences of the aforesaid timetabling.

c) In proceedings of the same session we find also this statement: "In case of VAT, we have three, four models. One is the western model. Well, we can not follow that. We have to put forward models by compilation".

Such being the case, one may become less optimistic about the availability of a VAT law in near future. May be just for the same reason a member of the parliament has expressed his wish, as an aspiration, that the VAT law may become at hand up to the end of the fourth development plan (March 2010). And finally, the same status of affairs may have persuaded the parliament to resort to mechanism of the article 85 of the Constitution, since otherwise much more delay would have been encountered.

 

 

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Policy lines of the section "C" of

 

 the Article 44 of the Constitution

 

As our readers may recall, we had given an English translation of the general policies of the article 44 of the Iranian Constitution in No. 38 of this magazine (the issue of summer and autumn, 2005, pp 8-12). As it was mentioned  in that issue, under the said article 44, three separate sections are recognized for the economy of the country: public, private and cooperative.

Meanwhile, the Constitution (article 110) has vested the High Leadership with the power to delineate general policies of the country after consultation with the Expediency Council. Such policies had been determined before in respect of the said article 44  of the Constitution, a translation of which was printed in this Maliyat journal.

But a part of those policies, namely the paragraph “C”, article 44, had not been determined at that time. It had been postponed to a later occasion (see paragraph “C” of general policies, Maliyat, 38, 11). That section “C” has also been completed recently. Below  you will find an English translation of these newly determined policies.

As we pointed out previously (Maliyat, 38, 8), the policies in question would have considerable impact on all aspects of the country’s economy and therby on taxation. That is the reason why we have chosen to present the following translation.

 

General policies regarding development of non-state sectors through transfer of government activities and enterprises

 

 

In the name of God the merciful and compassionate

Section "C" of the general policies of the article 44 of the Constitution of the Islamic Republic of Iran:

-  Having regard to the necessity of economic growth and development of the country on basis of realization of social justice and removal of poverty within the frame of twenty-year outlook of the country,

- To change the role of the government from ownership and direct management of enterprises to policy making, guidance and supervision,

- Strengthening the private and cooperative sectors in the economy and protecting them, so as to enhance the competitiveness of products in the international market,

- To prepare the domestic enterprises for smart confrontation with rules of international trade in a gradual and directed process,

- Development of science base and specialized human capital,

- Developing and enhancing national standards and conforming the system of quality evaluation with international standards,

- Orientation of privatization towards the enhancement of competitiveness and public ownership, and

Based on the proposal of the Expediency Discretion Council, the section "C" of general policies of the article 44 of the Constitution of  the Islamic Republic of Iran is hereby notified in accordance with the section 1 of the Article 110 of the Constitution:

- Transfer of eighty percent of the stock of state enterprises, as specified under the main section of the Article 44, to private sector, public joint stock cooperative companies and non-state public enterprises is authorized as is described below:

1. State enterprises that are active in the fields of major mines, major industries and mother industries (including major industries of oil and gas downstream operations), except the National Iranian Oil Company and companies of extraction and production of crude oil and gas).

2. State-owned banks, except the Central Bank of Iran, Bank Melli Iran, Bank Sepah, Bank of Industries and Mines, Bank of Agriculture, Bank Maskan and Export Development Bank.

3. State insurance companies, except the Central Insurance and Insurance of Iran.

4. Aviation and navigation companies, except the Civil Aviation Organization and Organization of Ports and Navigation.

5. Institutions responsible for provision of energy, except the primary networks of energy transmission.

6. Postal and communication institutions, except for mother networks of communication, the affairs related to provision of frequencies, and principal systems of separation, exchange and management of distribution of base postal services.

7. Industries affiliated with the armed forces, except for necessary defense and security products as identified by the Commander-in- Chief).

 

Requirements of transfer

a) Pricing of the stock shall be conducted through the stock market.

b) Public bidding together with appropriate information providing for encouraging and inducing the public participation and preventing the creation of monopoly and information rent.

c) To insure appropriate output for the shares of the companies subject to transfer, necessary reform should be carried out with regard to market, pricing of products and proper management on basis of the Commercial Code.

d) Transfer of the companies subject to the project should be brought about in the form of specialized parent companies and affiliated companies by observance of considerations of overall expertise.

e) To improve the management of the enterprises subject to transfer and to enhance their productivity, necessary measures are to be taken for attraction of experienced, specialized and efficient managers by exploiting the managerial capacity of the country.

Selling in installments is hereby permitted in respect of 5% of the stock of the companies subject to section "C", to the managers and employees of such companies.

f) Since the section "C" of the general policies of the article 44 of the Constitution is hereby notified and thus the governmental functions are modified, the government has to regularize and execute its new role in connection with policy making, guidance and supervision over the national economy.

g) Allocation of a percentage of transferred resources to new areas of progressed technology towards the sovereignty functions is permissible.

 

Sayyed Ali Khamnei

 

 

The End

 

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