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TAX MINISTRY PUBLICIZES STRUCTURE OF TAX REVENUES

Business Materials 14 July 2005 16:57 (UTC +04:00)

In June 2005 the tax remittances comprised 606,583,5m manats, of 101.6% of the forecast (596,880bn manats), the Taxes Ministry told Trend.

The VAT collection made up 143.6% of the forecast, or 223,648,1m manats, excise вЂ" 54,524,2m manats, or 100.1%, profit tax вЂ" 87,493,8m manats, or 65%, royalties вЂ" 28,204,8m mantas or 64%, land tax вЂ" 6,704,6m manats or 99.3%, property tax вЂ" 17,947m manats or 99.7%, incomes tax imposed on physical entities вЂ" 149,145,4m manats or 137.4% (including, income tax imposed in people involved entrepreneur activities вЂ" 1,914,7m manats), wage tax вЂ" 147,230,7m manats, public dutiesвЂ" 15,777,3m manats or 134.8%, road taxes вЂ" 4,581,6m manats or 113.1%, simplified tax вЂ" 6,578,5m manats or 69% of the forecast. Other remittances made up 11,978,2m manats or 24.2% of the forecast.

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