ابعاد حسابداري و مالياتي اوراق (صكوك) اجاره در ايران

Accounting and Tax Considerations of Ijarah Sukuk in Iran

Today, due to the economic conditions, many Iranian firms face difficulties with regards to capital arrangement. Issuing newly designed financial instruments (Sukuk) is one of the most important methods of arranging capital in Islamic countries. In order to issue this kind of securities, the accounting and tax considerations should also be analyzed. This article aims to consider these two aspects regarding the Ijarah securities, with emphasis on Accounting Standards (AS) and Direct Tax Law (DTL) in Iran. Therefore in addition to a brief review of Ijarah Sukuk, its main components and types, the accounting and taxe considerations, from the viewpoint of investors, SPV, originator and trustee have been discussed in two parts. Subsequently taxes on three types of Ijarah Sukuk are shown in tables. And in the end, some suggestions are also presented regarding the issuance of new accounting standards for Ijarah Sukuk and modification of DTL.