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tax breaks

Iran offers hotel tax breaks in bid to boost tourism

TEHRAN: Iran offered up to 13 years of tax holidays to hoteliers at an international tourism summit on Sunday as it seeks to boost visitor numbers and revamp its dilapidated hotels. "All economic activities related to... tourism will enjoy 100 percent tax holidays between five to 13 years depending on the region," deputy economy minister Mohammad Khazaei told hoteliers from 18 countries who had gathered in Tehran, many from Europe. Since the lifting of international sanctions under last year's nuclear deal, the moderate…