Azerbaijan’s non-oil sector provides about 55 percent of tax levies in 2013

Photo: Azerbaijan’s non-oil sector provides about 55 percent of tax levies in 2013 / Business News

Baku, Azerbaijan, Dec.19

By Emin Aliyev - Trend:
The Azerbaijani Ministry of Taxes provided proceeds of 6 245.44 million manat from tax levies to the state budget in January-November 2013, the Taxes Ministry's Vergiler (Taxes) newspaper reported on Dec.18.

According to the newspaper, 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 3 409.29 million 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 Dec.19 is 0.7844 AZN/USD.

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