Bank Of Baku

TANAP companies exempted from VAT

TANAP companies exempted from VAT
# 22 October 2014 07:47 (UTC +04:00)

Baku. Aynur Aliyeva - APA-Economics. All the companies to participate in the construction and supply of the Trans-Anatolian gas pipeline (TANAP) in Turkey will be exempted from VAT from January 1, 2015, APA reports.

 

According to changes, no obligations will be applied to the companies for realization works of the project in accordance with the international norms regarding reserve capital. 

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