 | Tax collection short of plan |
In the first quarter of 2001, the Tax Ministry transferred AZM594.8 billion in tax to the state budget, or AZM121.9 billion (17%) short of the plan.
A source from the ministry told AssA-Irada Tuesday that the failure to fulfill the plan was, first of all, caused by reduced crude prices in the world market from $30-35 to $23-25 per barrel. The application of simplified taxes in the wake of a new tax code enacted since January 1 took a toll on tax collection too.
Asked whether the removal of commercial kiosks in the capital had affected the tax collection plan, the source declined to reveal any information.*
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Issue: April, 24, 2001
OFFICIAL INFORMATION
President wishes well to Caucasus Highland Jews
PARLIAMENT NEWSMPs condemn anti-Turkish statements
POLITICSAzerbaijan won’t be censured, opposition says
ECONOMICSOguz operating company starts drillingTax collection short of planPrivatization fetches high profitsTender announced within Farm Privatization Project
SOCIAL LIFESubsistence minimum up
CULTUREExhibition of French photographer expected
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