17:50 - 21.11.2023

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November 21, Fineko/abc.az. In Azerbaijan, companies and individuals have slightly increased the amount of income tax paid to the State from their income tax, ABC.AZ reports with reference to the State Statistics Committee.

Thus, in the first 10 months of 2023, legal entities paid AZN 6.733 billion, and individuals – AZN 1.2 billion of income tax.

Income tax from legal entities increased by 28.5% year–on-year, and from individuals - by 13.4%. The share of corporate income tax in State Budget revenues has increased from 23.7% to 30.5% during this year.