21 Jan 2017 15:58

Russia's 2016 consolidated budget tax revenues up by 5% to 14.5 trln rubles - Federal Tax Service chief

MOSCOW. Jan 21 (Interfax) - Russia's 2016 consolidated budget tax revenues grew by 5%, or by 700 billion rubles, to 14.5 trillion rubles compared to the previous year, Federal Tax Service chief Mikhail Mishustin said at a United Russia party congress.

VAT revenues increased last year by 8.5% to 2.7 trillion rubles, profit tax revenues by 6.6% to 2.8 trillion rubles, personal income tax revenues by 7.5% to more than 3 trillion rubles, and excise revenues by 27.6% to 1.3 trillion rubles, including alcohol excise revenues by 27%.