Bank Of Baku

Azerbaijan sees 5% rise in budget transfers from tax authorities

Azerbaijan sees 5% rise in budget transfers from tax authorities
# 11 February 2014 14:50 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. In January, 2014, budget transfers from tax authorities made AZN 780.352 ml, up 4.6% from previous year.

 

Of this, 48.9% came from profit tax, 21.2% from VAT, 8.2% from individuals’ income tax, 9.1% from excises, 12.6% from other taxes. 

 

AZN 330.880 mln came from non-oil sector, up 8.8% by contrast to a year earlier.

 

In January, 8,622 tax payers were registered. As of February 1, 2014, number of tax payers stood at 544,981, up 11.4% in annual comparison.

 

 

 

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