Bank Of Baku

36% of tax incomes of state budget to come from VAT next year

36% of tax incomes of state budget to come from VAT next year
# 08 October 2013 11:50 (UTC +04:00)

Of this, AZN 2,139.0 mln or 66.7% falls to share of tax, AZN 1,070.0 mln or 33.3% - customs agencies.

 

The VAT collected by Ministry of Taxes will exceed 2012’s index by AZN 655.4 mln or 44.2%, 2013’s index – by AZN 363.0 mln or 20.4%.

 

VAT collected by customs agencies will exceed 2012 by AZN 186.6 mln or 21.1%, 2013 – by AZN 77.4 mln or 7.8%.

 

Share of VAT receipts in budget incomes (excluding SOFAZ’s transfers) will make 35.5%, in GDP – 5.5%. 

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THE OPERATION IS BEING PERFORMED