Bank Of Baku

Azerbaijan to make amendments in income tax system

Azerbaijan to make amendments in income tax system
# 18 April 2012 11:01 (UTC +04:00)
Baku. Ali Ahmedov – APA-Economics. Rates of income taxes and sum of incomes involved to tax will be reviewed, said the head of the Individuals Registration Department of the Ministry of Taxes of Azerbaijan Natig Shirinov.

According to him, package of proposals were prepared in the Ministry of Taxes with the participation of state bodies and leading companies of private sectors and all proposals were taken into consideration.

According to proposals, maximum rate of tax income (30%) must be reduced, limit
involved to maximum rate must be increased.
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THE OPERATION IS BEING PERFORMED