Bank Of Baku

Ministry of Taxes: Baku Steel Company’s shutdown not related to tax authorities

Ministry of Taxes: Baku Steel Company’s shutdown not related to tax authorities
# 24 April 2009 16:51 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. Azerbaijan’s Ministry of Taxes has announced that the shutdown of Baku Steel Company is not related to any tax audits.

Fariz Samadov, Press Secretary of the Ministry, slammed media reports, saying no tax audit was recently done in Baku Steel Company.


He said that tax audits are usually carried out on documents and any inspection couldn’t have impede production process.

“In short, the tax inspection doesn’t suspend or restrict the business of a taxpayers,” he added.
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