BAKU, Azerbaijan, May 15. The total number of taxpayers in Azerbaijan increased as of May 1, 2023, Trend reports citing the State Tax Service.
According to the service, this figure amounted to 732,200, up by 2.9 percent on annual basis.
As of May 1 this year, the number of active VAT payers in Azerbaijan increased by 5.1 percent - up to 42,000, and the number of economic entities - by 2.1 percent, up to 193,200.
As of January 1, 2023, the number of active taxpayers in Azerbaijan grew by seven percent over the year, to 711,900.
Meanwhile, according to Azerbaijan's Economy Minister Mikayil Jabbarov, tax revenues to the state budget of Azerbaijan amounted to 7.6 billion manat ($4.4 billion) from January through April 2023. This figure increased by 52.4 percent compared to the same period of the previous year.
In 2022, tax revenues to Azerbaijan's state budget totaled 15.5 billion manat or $9.2 billion (an increase of 82.2 percent year-over-year). During this period, the tax revenues in the non-oil and gas sector increased by 27.9 percent and reached 8.1 billion manat ($4.7 billion).