Bank Of Baku

Income tax collection drops to five-year low in Azerbaijan

Income tax collection drops to five-year low in Azerbaijan
# 29 October 2008 15:50 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Income tax collection rate declined to 79% of the outlook set for January-September, said Azerbaijan’s Ministry of Taxes.
The ministry said income tax of AZN 454.9 million was collected against AZN 575.9 million predicted for the nine months.
This is a five-year low in terms of achievement of the prediction.
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