Revised 1404 Tax Revenue Reaches 1,704.5 Trillion Tomans, 93.6 Percent of Budget Target

According to Boursenews, published Saturday, 7 Shahrivar 1405 (August 29, 2026), Iran's Tax Affairs Organization, in a revised report on 1404 fiscal year performance (ending 29 Esfand 1404, March 20, 2026), put total collections from direct taxes and taxes on goods and services at 1,704,456 billion tomans (1,704.5 trillion tomans), up from an earlier preliminary figure of about 1,700 trillion tomans. Against the 1,820 trillion toman target set in the 1404 budget law, that is a 93.6 percent realization of budgeted tax revenue.

Per the revised breakdown, 1,114.7 trillion tomans came from direct taxes and 589.8 trillion tomans from taxes on goods and services. Within direct taxes, corporate income tax was the largest component at about 797.3 trillion tomans, followed by personal income tax at 272.4 trillion tomans. Within goods and services taxes, value added tax was the largest component at about 300.3 trillion tomans.