...

Azeri Ministry of Taxes announced about implementation of incomes on 8 types of tax

Business Materials 19 July 2006 16:02 (UTC +04:00)

According to the Minister of Taxes of Azerbaijan, for January-June 2006, 8 types of taxes from 9 incomes to the state budget were implemented,Trend reports. In line with the Ministry of Taxes, the state duties and other incomes are collected.

The greatest specific gravity in the tax incomes this year is expected to be formed by taxes related with the Baku-Tbilisi-Ceyhan pipeline. In connection with this, $350 mln tax is implied to be received in line with AIOC.

For the accounting period on deduction of the profit tax, the revenue was reported at AZN 431.117 mln. The specific gravity for this tax was 42%. For the specific gravity, the second place for tax payment is taken by the revenues paid by juridical persons (17.3%). The forecasts were implemented by 100.8 percent.

For the excise tax, the incomes for the accounting period became AZN 56.904 which exceeds the forecasts by 0.3%. The forecasts for the mine taxes was implemented at 98.2 percent and AZN 43.197 mln was received. For the property tax AZN 24.791 mln was deducted which is more by 0.6%. The income from the simplified system of taxation was realized by 100% and amounted to AZN 11.970 mln. The amount of the land taxes was noted at 0.9%, totaling AZN 8.169 mln and for the road tax AZN 5.209 mln which is more than forecasts by 11.7%.

In line with the state duties, the indicators were implemented at 98.3% - AZN 15.999 mln. And in line with other incomes, AZN 78.028 mln was received.

In general, in line with the Ministry of Taxes, the forecasts were implemented at 104.2% and it means that AZN 1 027.059 were received against forecasts in amount of AZN 985.6 mln.

Latest

Latest