Minister of Economy of the Republic of Azerbaijan Mikael Dzhabaarov On January 25, 2022, he shared information about the fact that compared with 2018, the number of exit tax inspections in 2021 decreased by 4.5 times, the Minister told on its official page on Twitter.
– The share of voluntary tax payments in the non-oil sector of the economy of Azerbaijan at the end of 2021 approached 90%, “the Minister of Economy said.
Jabbarov in his account also noted that with improving tax administration there is a positive trend in qualitative indicators.
In addition, the Ministry of Finance presented a report on the execution of the budget for 2021.
It is reported that income from the non-oil sector rose by 20.4% compared with 2020, reaching 12.859 billiona of manat. This figure is 10.4% or 1.208 billion manat more than predicted.
At the same time, in the state budget, the non-oil sector amounted to 48.7% of total income, which is 5.4 percentage points more than in 2020.
The report indicates that the deficit was lower than the forecast due to the loans attracted from abroad on signed projects.