Azerbaijani chemical producer’s transfers hit $ 4 million
Azerbaijan, Baku, Oct. 8 /Trend E.Ismayilov/
SOCAR's Azerkimya production association paid 2.8 million manat in income tax to the state budget in January-September compared to about 2.54 million manat in January-August, the report said on Friday.
According to the report, deductions for income tax amounted to 270,990 manat in September.
The association transferred 5.07 million manat to the state social security fund in January-September compared to about 4.59 million manat in January-August. In September, the figure was 487,530 manat.
According to the Azerbaijani president's decree on improving the mechanism of governance in the petrochemical industry as of April 2010, the state concern Azerkimya was transferred to SOCAR.
Currently Azerkimya operates within SOCAR as a production association.
The structure of the software is as follows: Ethylene-polythene surfactants, Organic Synthesis, mechanical repair, Institute Kimyaelmitedgigatlayihe, repair and construction management and management of transport and special equipment and storage facilities.
The official exchange rate is 0.7851 AZN/USD as of Oct. 8.