If quarterly incomes of persons in Azerbaijan engaged in online business exceed 200,000 manats, they are subject to income tax and value added tax, the Azerbaijani Ministry of Taxes reported. “If the amount of taxable transactions exceeds 200,000 manats, these people should apply for registration as VAT payers in the first decade of the next…
In June consumer prices in Ukraine fell by 0.5% MoM, according to the State Statistics Service of Ukraine. “Consumer prices in June decreased by 0.5% compared with May, but grew by 3.6% since the start of the year,” the report says. At the same time, compared with December 2018, consumer prices rose by 3.6% and…
In May the state debt of Kyrgyzstan reached $696 per capita. Over the month, the debt burden has grown by $1.51. According to the Ministry of Finance, as of May 31, the total amount of state debt (external + internal) of Kyrgyzstan was $4,453.86 billion (311,102.22 billion soms), including $3,783 billion (264,242.34 billion soms) of…
During the first five months of 2019, the turnover of Azerbaijan’s non-oil sector increased by 8% YoY, the Ministry of Taxes reported. The increase in VAT turnover was 9.6%, according to the report. The trade and public catering sector showed the highest growth rates. The wholesale trade turnover grew by 18.4%, including 24.6% in terms…
In January-June revenues of Ukraine’s consolidated budget made up UAH 528.8 billion, up by 14.2% YoY, according to the State Fiscal Service of Ukraine. Thus, UAH 401.3 billion was transferred to the state budget, up by UAH 44.4 billion, or by 12.5%. Local budgets received UAH 127.6 billion, up by UAH 21.4 billion, or by…
Volume of industrial production has grown in Kyrgyzstan ,the Deputy Head of the State Committee for Industry, Energy and Subsoil Use Zhyrgalbek Sagynbaev declared. According to him, the figures increased due to Kumtor and Taldy-Bulak Levoberezhny fields. In addition, in January-May volume of production amounted to 104,029.1 billion soms. According to the ministry, 88 permits…
Inflation was 2.4% YoY to June 2019, Statistics Estonia reports. Services saw a higher Consumer Price Index (CPI) rise than goods, 3.5%, compared with 1.8%. Regulated prices of goods and services rose by 0.8% and non-regulated prices by 2.9%. CPI rises were affected the most by food and non-alcoholic beverages, which comprised nearly 30% of…