According to Khabaronline news agency, Barzegari, the deputy of the intelligent transformation of the country’s tax affairs organization, announced the inclusion of refined information of commercial checks in the lump sum tax calculations subject to the note of Article 100 of the direct taxes law this year.
Tasnim wrote: Referring to the addition of commercial check data to the withholding tax calculation process, he stated: In previous years, the information related to commercial checks was available to the Tax Administration, but this information was not available in a refined form. This year, these data were provided to the organization with the necessary refinement and at the right time and were included in the tax calculations.
Explaining how checks are calculated, Barzegari explained: Checks that are paid by the issuer and collected by the recipient are checked in the bank transactions section due to the reflection of their financial circulation in the issuer’s and recipient’s bank accounts and are not included in the calculations related to commercial checks.
He added: The focus of information on commercial checks is on checks that the primary recipient does not collect, but transfers to a third party. These items are included in withholding tax calculations as commercial checks.
Referring to the anticipation of the possibility of protesting these checks as commercial, the deputy of the intelligent transformation of the Tax Affairs Organization said: Considering that this year is the first year of the implementation of this process, a mechanism similar to suspicious commercial accounts has also been considered for transfer checks.
He continued: If Modi claims that the transfer check was transferred for non-commercial activity, for example, selling property or conducting a personal transaction, he can declare it non-commercial through the process provided in the system of the Tax Affairs Organization.
Barzegari emphasized: Taxpayers can submit a request for adjustment about transfer checks as well as suspicious commercial transactions so that amounts that are not related to their business activities are not included in withholding tax calculations.
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