Deputy Minister: "Major changes in the tax system will be made in autumn"
Finance
- 26 July, 2016
- 12:56
Baku. 26 July. REPORT.AZ/ Tax revenues from the oil sector in the first half of 2016 fell by 33.6%.
Report informs, Deputy Minister of Taxes Sahib Alakbarov told reporters.
According to him tax revenues increased in non-oil sector: "In contrast to the oil sector, revenues from non-oil sector increased by 9.4%."
In addition, revenues from the oil sector in the first half of 2016 was 21.8%, while from non-oil sector was 78.2%.
The deputy minister said that there will be new changes in the tax system: "In autumn, major changes will be made in the tax system and they will come into force on January 1".
Latest News
19:30
Trump: Iran asked US to continue talks
Other countries19:11
Photo
Khojaly and Aghdara residents reap first grain harvest after liberation
AIC18:53
Photo
President of Latvia's Constitutional Court praises reforms in Azerbaijan's judicial system
Foreign policy18:35
4th Interregional Forum of Uzbekistan, Azerbaijan to be held in Tashkent
Business18:15
Azerbaijan creating legal framework for ultralight aviation
Domestic policy17:59
Photo
Azerbaijan Economic Council discusses tourism and mining development programs
Tourism17:56
Azerbaijan's ice cream imports decline in January-April
Business17:53
Photo
President of Uzbekistan awards Sheikhulislam Allahshukur Pashazade the Order of 'El-Yurt Hurmati'
Foreign policy17:38