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Tax revenues from non-oil sector grew by 12.8%
Within 11 months of this year, the Ministry of Taxes provided the government a revenue totaling 6 billion 245.4 million manat, which is 10.8 % more than during the comparable period in 2012. The growth rate of tax collection from non-oil sector (12.8%) was ahead of the general tempo.
According to the Ministry of Taxes, the share of non-oil sector accounts for 54.5% (3.4 billion manat) of tax revenues. For the comparable period last year, the figure was 53.6 %.
Note that in the structure of tax the share of profit tax for the reporting period of this year reached 37.9% ( 2012 - 38.6 %), VAT - 24.7% (23.7%) , income tax on individuals - 12% (13,1 % ), etc.
In Azerbaijan mainly taxpayers complain about frequent tax audits, which end in fabulous bribes.
On the illegal actions of the tax authorities recently wrote the Turkish press. However, entrepreneurs are afraid to speak out, as this may result in serious consequences for them. - 08D-
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- Economics
- 13 December 2013 13:05
Economics
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