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Non-oil sector provides about 55% of tax levies

19 December 2013 11:53 (UTC+04:00)
Non-oil sector provides about 55% of tax levies

The Azerbaijani Taxes Ministry provided proceeds of 6 245.44 million manat from tax levies to the state budget in January-November 2013.

The ministry reported that the specific weight of tax revenues to incomes made up 37.9 per cent of total tax revenues, value added tax - 24.7 per cent, income tax - 12 per cent, excise tax - 7.5 per cent, other taxes - 17.9 per cent.

Tax deductions from the non-oil sector to Azerbaijan's state budget amounted to 3,409 billion manats or 54.59 per cent of total revenues.

The outlook on tax deductions for 2013 for the Tax Ministry is defined in the volume 6.4 billion manats.

Some 66,162 taxpayers passed state registration in Azerbaijan in January-November 2013, including 30,221 taxpayers (45.7 percent) who registered in electronic form.

The total number of taxpayers on December 1, 2013 was 533,093 people, or 11.8 percent more than the same period last year.

In January-November 2013, the specific weight of tax declarations, presented in electronic form, amounted to 90.4 per cent.

The official exchange rate for December 19 is 0.7844 AZN/USD.

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