Tax collection plan to increase from next year

11:17 - 9.09.2021

September 9, Fineko/abc.az. The forecast order for the State Tax Service in the State Budget for 2022 has been increased by AZN 1.89 bn.

ABC.AZ reports that this is stated in the “Macro-fiscal structure for 2022-2025 and summary & preliminary indicators of state budgets for 2022” prepared by the Ministry of Finance.

The State Tax Service under the Ministry of Economy of Azerbaijan is expected to transfer AZN 9.138 million to the State Budget in 2022.

For comparison, in the approved State Budget 2021 the forecast order for the State Tax Service is AZN 7.25 bn. Thus, the plan for the tax authority increases by AZN 1.89 bn.