State Budget revenues exceed expenditures-report

17:54 - 21.07.2020

July 21, Fineko/abc.az. State Budget revenues reached AZN 10.58 bn for Jan-May 2020.

ABC.AZ was informed at the State Statistics Committee that this figure is by 16.9% more against the same term of 2019.

In contrast to the State Budget revenues for the first 5 months of 2020 the expenditures decreased by 0.4% to AZN 9.39 bn.

20.07% of income is ensured by VAT, 13.24% by corporate income tax, 4.5% by taxes related to foreign economic activity, 4.36% by personal income tax, 3.5% by excise taxes, 1.38% by simplified tax, 1.82% by other types of taxes, and 51.13% by non-tax income.

 

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