Bank Of Baku

Azerbaijan to make changes in Tax Code

Azerbaijan to make changes in Tax Code
# 25 January 2011 12:09 (UTC +04:00)
According to him, this is related to the tasks of president’s order on adoption of state budget for 2011. Besides, it’s important to make changes and amendments due to situations in the economy of the country.

He also noted that, the country had duties during next 10 years: “For regulation of these duties and increase of control, change of tax legislation is so actually”.

That’s why, more strict proposals for Tax Code are drafted, this year: “These changes will be made public after discussion in the government”.

At the same time, he also told that no tax increase will be accepted in these changes. These reforms purpose to improve business environment and observe it in accordance to normal tax legislation.
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THE OPERATION IS BEING PERFORMED