Payment of taxes to the budget of the Russian Federation increased by 14.6%

Revenues of the consolidated budget of the Russian Federation (including federal, state and local levels), administered by the Federal Tax Service (FTS), in January-July 2012 amounted to 6.5 trillion rubles.

Thus the amount of taxes collected for the year grew by 14.6%.

At the same time revenues to the federal budget increased by approximately 18.4% to 3.025 trillion rubles.

Among the major income items in the budget — corporate income tax, severance tax, VAT and VAT on imported goods.

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