Russia's Arkhangelsk, Nenets residents pay $2.47 bln taxes

Russia's Arkhangelsk, Nenets residents pay $2.47 bln taxes

Taxpayers in the Arkhangelsk and Nenets Regions in 2017 paid to budgets of all levels more than 140 billion rubles ($2.47 billion), press service of the local tax authority said on Thursday, TASS reports.

"In 2017, tax payers in the Arkhangelsk and Nenets Regions paid to Russia’s budget system 141.9 billion rubles, which is a growth by 1.2 times year-on-year," the press service said. "The tax payments in Arkhangelsk were 69 billion rubles ($1.22 billion) and in the Nenets Region - 72.9 billion rubles ($1.28 billion)."

The biggest payments were in taxes on oil production (39.8%). Personal income taxes take 19.9% of the payments, taxes on corporate incomes - 15.5%, and VAT - 5.3%.

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