Bank Of Baku

Measures for stimulating of cashless settlements to start in Azerbaijan from next year

 Measures for stimulating of cashless settlements to start in Azerbaijan from next year
# 12 June 2013 08:56 (UTC +04:00)

Baku. Ali Ahmadov – APA-Economics. At present time, the next amendments expected in tax legislation of Azerbaijan are related to stimulation of non-cash payments and limitation of cash settlements, said First deputy Taxes Minister Natig Aliyev, APA-Economics reports.

 

To him, the draft laws on this issue will cover the very wide range of entrepreneurship class and are mainly directed to stimulation of cashless settlements. Therefore, these bills can be named as stimulating bills package.

 

Deputy Minister said that these documents are expected to put up for discussion at the year-end and come into force from next year in case of adoption.

 

 

 

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