Azeri tax revenues up 13.6 pct
Tax revenues to the state budget of Azerbaijan totalled 4.18 billion manats (over $5.32 billion) in January-August 2012 -- compared to the projected 3.8 billion manats ($4.84 billion), which is 13.6 per cent higher than the fees collected in the same period of last year, the Ministry of Taxes said.
52.4 per cent of the tax revenues came from the non-oil sector and 47.6 per cent from the oil sector. 73.3 per cent of the income was provided by the private sector, the ministry said in a statement.
Revenues from certain types of taxes grew due to the creation of new jobs and increased tax control over the conclusion of employment contracts, the ministry said.
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