Tax Officials Trying to Replenish the Budget

Amount of taxes and duties listed by the Ministry of Taxes of Azerbaijan to the state budget in January-April of this year amounted to 2 billion 513 million 825.7 thousand manats (+12.4% compared to the same period last year).

According to a press release from the Ministry, the line is not the oil and gas sector revenues amounted to 1 billion 224 million 932.2 thousand manats (9.9% or 48.7% of revenues).

Value-added tax brought into the state treasury 20.2% of revenues through the Ministry, income tax - 47.6%, income tax - 10.3%, excise duties - 7%, other income - other species.

Recall, the President approved the annual tax revenues in the state budget as 6.4 billion manat. The current rate includes excess of the fulfillment of the limit by 11-12%. - 17D-

 

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