Iran, Czech sign double taxation avoidance dealStaff writer ▼ | May 4, 2015
Cooperation Economic ties between Tehran and Prague
Iran and the Czech Republic signed a double taxation avoidance agreement in a bid to give a boost to the bilateral trade.
The two states had discussed ways to expand cooperation in automotive and railway industries.
Following the sign of a double taxation avoidance agreement, Iran's Minister of Economic & Finance Affairs Ali Tayyebnia said the companies in Iran and Czech Republic can take advantage of the agreement since its main purpose is to avoid taxation of income and to promote and foster economic trade and investment between the two countries.
Tayyebnia expressed hope for expansion of trade and economic ties between Tehran and Prague, stressing that the two states had discussed ways to expand cooperation in automotive and railway industries. ■
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