12:23 - 19.07.2022

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July 19, Fineko/abc.az. The State Tax Service transferred taxes for AZN 6.48 bn to the State Budget over the first 6 months of 2022.

ABC.AZ reports with reference to the Service that the forecast was fulfilled by 146.7%.

Tax revenues increased by 49.3% (versus Jan-Jun 2021), or more than AZN 2.1 bn. Revenues from the nonoil sector reached AZN 4.398 bn, the forecast was met by 128.6%.

The State Budget received additional AZN 978.146 million.

Compared with the 2022 same term, tax revenues in this sector grew by 38.1%, or by AZN 1.214 bn.

67.8% of taxes paid accounted for the nonoil sector and 32.2% for the oil & gas sector.