According to the law on clean air, adopted by the Iranian
Parliament on July 16 2017, Mohammad Masihi, an official from
the tax administration, stated that all home-grown,
eco-friendly, zero-emission hybrid and electric cars and
motorcycles will benefit from a tax exemption.
The old and high emission transport system is one of the
main causes of pollution in metropolises and should be replaced
by an eco-friendly transport system. However, this replacement
requires strong infrastructure, bears high costs and involves
lot of resources.
According to Article 9 of the new law, the Ministry of
Interior, in cooperation with the Ministries of Industry and
Mines, Commerce and Economic Affairs and Finance, is obliged to
update the urban public transport system with a priority on
cities with a population of more than 200,000. The five-year
programme is planned to include granting loans, offering
incentives and removing import duty on hybrid and electric cars
Local companies will be exempt from paying VAT on such
vehicles. As a reminder, the current VAT rate for the fiscal
year is 9%.
Ali Najm (firstname.lastname@example.org)
Tel: +357 22699222
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