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Azerbaijan increases several tax and non-tax revenues in state budget

02 August 2022 10:35 (UTC +04:00)

In the revised revenues of the state budget of Azerbaijan for 2022, revenues for the number of taxes, non-tax revenues, and types of payments have been increased, APA-Economics reports citing the Ministry of Finance.

The profit tax of legal entities has been revised and increased from 2,670 billion manats to 5,290 billion manats (difference of 2,620 billion manats), the value added tax from 5,278 billion manats to 5,718 manats (a difference of 440 million manats), the value added tax on the import of goods to Azerbaijan from 2,910 billion manats to 3.085 billion manats ( difference 175 million manats)