Mikayil Jabbarov: Mining tax revenues double

Amidst the positive dynamics observed in the nonoil and gas sector, in January-September of 2022, a significant increase was recorded in various sources of tax revenues compared to the corresponding period of last year, Economy Minister Mikayil Jabbarov said on Twitter.

In January-September of this year, the mining tax revenues in Azerbaijan increased twice compared to the same period last year.

According to him, over the past year, incomes increased by 48.2% for corporate tax, 27.8% for value-added tax, 24.6% for property tax, 22.4% for tax of individuals, 15.8% for road tax, 15.3% for excise duty, 11.5% for land tax, and 10.1% for simplified tax.