Ministry of Taxes makes public volume of budget receipts from oil and gas sector

Ministry of Taxes makes public volume of budget receipts from oil and gas sector
# 22 January 2015 12:54 (UTC +04:00)

Baku. Agshin Rafigoglu - APA-Economics. Budget receipts from oil and gas sector made AZN 2,827,000,000 in 2014, which makes 39.7% of total tax receipts, head of Special Tax Service Department of the Ministry of Taxes Zaur Fatizade said in his interview to Vergiler newspaper.

According to him, this index was 43.8% in 2013, 45.5% in 2012.

Fatizade said profit tax of the contractors operating within the production sharing contracts in 2014 made AZN 1,107,500,000: “Totally, contracting parties, operation companies and subcontractors operating within the production sharing transferred AZN 15.6 bln to the state budget in 2014. Profit tax of contracting parties stood at AZN 11.6 bln”.

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