Ministry of Taxes increases budget transfers by 8%

Ministry of Taxes increases budget transfers by 8%
# 10 September 2014 11:09 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. In January-August, 2014, the Ministry of Taxes transferred AZN 4,844,901,000 to the state budget, up 7.98% from previous year.

The Ministry told APA-Economics that 33.9% of this was profit tax, 27.3% - VAT, 12.9% - income tax, 10.7% - excises, 15.2% - other taxes.

During the reporting period, AZN 2,769,016,500 was transferred to the budget from non-oil sector, up 15.1% by contrast to a year earlier.

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