Bank Of Baku

Persons with tax debt can not receive credit in Azerbaijan

Persons with tax debt can not receive credit in Azerbaijan
# 06 March 2012 12:25 (UTC +04:00)
Therefore, tax debts and bank credits system of citizens will be coordinated with each other.

Ilkin Veliyev, the head of the organization of the task to collect the tax debts of the Ministry of Taxes noted that, register of tax payers with debts is planned to integrate with Centralized Credit Register under the Central Bank of Azerbaijan. Therefore, tax agencies will be able to see the credit history of tax payers.

That is, the tax agencies will know about the credit payment ability of tax payers and assess this ability objectively. Consequently, the banks will be able to use these data when they give credits to those persons.






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