11:16 - 31.03.2026

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March 31, Fineko/abc.az. A decline has been reported on Azerbaijan’s State Budget receipts on corporate profit tax from legal entities.

ABC.AZ informs that in January 2026, the State Budget received 1.12 billion manats of profit tax (13% less versus January 2025 - 1.158 billion manats). The share of profit tax in the State Budget revenue structure decreased from 28.6% to 27.3%.

In January of this year, the State Budget revenues amounted to 3.707 billion manats.

27.8% of revenues were provided by VAT, 27.3% by corporate income tax, 3.9% by personal income tax, 3.7% by taxes related to foreign economic activity, 1.9% by excise taxes, 1.9% by simplified tax, 1.1% by other taxes, and 32.4% by non-tax income.

According to Article 105 of the Tax Code of Azerbaijan, the profits of enterprises are taxed at a rate of 20%.

Taxable profit is defined as the difference between company's income and deductible expenses.