28 February 2004 09:41
INDUSTRIAL COMPANIES PROVIDE ALMOST HALF OF TAX REVENUE IN 2003 -
MINISTRY
MOSCOW. Feb 27 (Interfax) - Industrial companies provided tax revenue amounting to 1.2 trillion rubles, or 44% of
overall tax revenue in the budget system in 2003, acting Tax Minister Gennady Bukayev said at an expanded Tax Ministry
meeting on Friday.
Bukayev said that collection of excise duties on tobacco, alcohol
and natural gas fell short of target last year. He said that this was
He said that the budget system received 619 billion rubles in VAT, or 23.2% of total tax revenue for the consolidated
budget, in addition to 527 billion rubles in corporate profit tax (17%), 399 billion rubles in natural resource
extraction taxes (14.9%) and 347 billion rubles in excise duties (13%).
Bukayev said that trade and catering came in second in terms of payments to the budget system, with 409 billion
rubles or 15% of total consolidated budget tax revenue. Next came transport, with 184 billion rubles (7%), and then
construction - 165 billion rubles (6%).
compensated for by the fact that excise duties on oil products were 800 million rubles over target, due to the fact
that the duty increased 15% to 1,800 rubles per tonne of gasoline and 7% for diesel, he said.
[Interfax] |
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