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Azeri tax bodies implemented forecasts for 7 months at 103.7%

Business Materials 8 August 2006 14:10 (UTC +04:00)

According to the information provided by the Taxes Ministry of Azerbaijan, the forecasts for tax deduction for seven months of 2006 have been implemented at 103.7%, and AZN 1453.1 mln was transferred to the state budget, against forecasted AZN 1401.1 mln. As comprised to the same period of 2005, the incomes to the state budget have increased by AZN 685.9 mln or 89.4%, Trend reports with reference to the press-release of the same ministry.

Over July, the factual volume of the tax deductions has exceeded the forecasts. In result, the state budget was transferred AZN 426.1 mln, against the forecasts of AZN 415.5 mln, and this amount exceeds the intended sum by 2.6%.

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