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In 2014, the excise tax to be 10 % of budget revenues in Azerbaijan

10 October 2013 11:28 (UTC +04:00)

Baku. Agshin Rafigoglu - APA. In 2014, excise taxes (excluding transfers to the State Oil Fund) will account for 9.7 % of the revenues of the state budget of Azerbaijan and reach AZN 874.5 million.

According to APA-ECONOMICS, of these, AZN 784.5 million will be provided by the Ministry of Taxes, AZN 90.0 million - State Customs Committee.

Projected excise taxes for next year will be AZN 343.0 million or 64.5% higher than 2012 and AZN 280.5 million or 47.2% higher than 2013.

Excise taxes, projected on the Ministry of Taxes, will increase by AZN 329.9 million or 72.6% from 2012, AZN 273.5 million or 53.5 % - from 2013.

Excise taxes, projected on the State Customs Committee will increase by AZN 13.1 million or 17.1% compared with 2012, AZN 7.0 million or 8.4% - compared with 2013.