Azerbaijan's income tax revenues decline amid budget performance

Azernews.Az

25 February 2025 14:37 (UTC+04:00)

Akbar Novruz

Companies and organizations tax receipts disclosed in Azerbaijan. Last year, the total revenue of the state budget amounted to 37.16 billion manats ($21.86 billion). Among these revenues, 1.84 billion manats ($1.08 billion) came from personal income tax, 8.89 billion manats ($5.23 billion) from VAT, and 1.56 billion manats ($915 million) from excise taxes.

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