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Land tax forecast for legal entities increases in Azerbaijan

Economy Materials 16 October 2023 09:45 (UTC +04:00)
Farid Zohrabov
Farid Zohrabov
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BAKU, Azerbaijan, October 16. Revenues to the state budget of Azerbaijan on land tax of legal entities are forecasted to amount to 47.4 million manat ($27.8 million) next year, or 0.1 percent of state budget revenues, Trend reports via Azerbaijani Finance Ministry.

According to the information, this is 3 percent more than the approved forecast for 2023.

Recall that budget revenues are expected to reach 34.1 billion manat ($20 billion) next year, while expenditures are expected to reach 36.7 billion manat ($21.5 billion).

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