Document Type : Original Article


1, Accounting, Department of Accounting, Bandar Abbas Branch, Islamic Azad University, Bandar Abbas, Iran

2 Department of Accounting, Bandar Abbas Branch, Islamic Azad University, Bandar Abbas, Iran


This study aimed to investigate the role of VAT and its impact on Iran′s tax revenues and the rate of inflation (with an emphasis on financial approach) in listed companies on the Stock Exchange of Tehran. For this, a total of 600 manufacturing firms listed in Stock Exchange in the period of 2009 till 2014 were selected and their data were analyzes using multiple linear regressions and trough panel data using fixed effects. The results of research hypothesis testing showed, that there is a significant relationship between the research variables and increase or decrease the growth rate of value added tax have a significant impact on tax revenues and inflation volatility and R & D expenditure of the companies.


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