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State Budget Collects 397406.2 thousand GEL from Profits Tax in January-June

In January-June 2018 the Georgian state budget collected 5 646 659.2 thousand GEL, including state budget revenues constituted 5 019 831.5 thousand GEL, incomes from reduction in non-financial assets totaled 63 530.1 thousand GEL, incomes from reduction in financial assets constituted 37 261.6 thousand GEL, while incomes from increased liabilities marked 526 035.9 thousand GEL.

The January-June forecast amount of income tax made up 1 384 000.0 thousand GEL, while real incomes constituted 1 425 648.9 thousand GEL, that is 103% of forecast amount.

Revenues from profits tax (397 406.2 thousand GEL) constituted 110.4% of the January-June forecast amount (360 000.0 thousand GEL).

Property tax made up 11.1 thousand GEL. The forecast amount of property and service tax made up 2 711 000.0 thousand GEL. The real collection hit 2 806 220.1 thousand GEL, 103.5% of the initial plan, including:

The January-June VAT forecast amount made up 2 036 000/0 thousand GEL, while the real collection amounted to 2 152 067.0 thousand GEL, that is 105.7% of the forecast amount.

State budget revenues from shares made up 654 153.1 thousand GEL, that is 96.9% of the plan (675 000.0 thousand GEL).

The January-June forecast revenues from sales of lands was 1 200.0 thousand GEOL, while the real collection made up 3 805.1 thousand GEL, which is 317.1% of the forecast amount.