State Budget income tax revenues from legal entities declined by 15% for 2024

10:39 - 25.02.2025


February 25, Fineko/abc.az. Last year, companies and organizations in Azerbaijan paid 6 786.9 million manats of income tax to the state.

ABC.AZ reports that according to the State Statistics Committee, the figure is 1.237 billion manats, or 15% less than in 2023. In 2023, the State Budget received 8.024 billion manats of income tax from legal entities.

In 2024, the State Budget received 37.16 billion manats of revenues.

Of them, 1.839 billion manats is personal income tax, 8,894.2 million manats is VAT, and 1.555 billion manats are excise taxes.