Finance

Home page

Finance

Organizations receiving plastic cards to be made tax concessions in Azerbaijan

25 January 2011 13:42 (UTC +04:00)

â€œThe payment level of service in trade and service networks via POS-terminals and plastic cards are not satisfactionâ€ he stressed.

He also noted that Special Working Commission has been established for this, with the participation of representatives of CBA and Tax Ministry. This commission makes proposals to improve the non-cash payments, at the same time to increase the payment level in trade and service objects via plastic cards.

He did not explain the details of projects: â€œThese will be very important proposals. Recently, these proposals will be submitted to the Presidential Administrationâ€.

According to him, the stimulating measures for increase of non-cash payments will be concerned to tax payers and purchaser.

The concessions about tax payers will concern to taxes, payers receiving plastic cards will pay the less tax: â€œThe objects realizing the trade and service via POS-terminals will get tax advantages. Sellers using cards will pay less taxes than not using cardsâ€