Ministry of Taxes overfulfills forecast on transfers to state budget

Ministry of Taxes overfulfills forecast on transfers to state budget
# 14 January 2015 11:03 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. In 2014, Ministry of Taxes transferred AZN 7,113,622,400 to the state budget by fulfilling forecast 102%.

Of this, 32.4% came from profit tax, 28.8% from VAT, 10.4% from excises, 13.8% from individuals’ tax, 15% from other taxes.

AZN 4,306,486,500 was transferred to the state budget from non-oil sector, up 14.5% from previous year.

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