Bank Of Baku

Azerbaijan no to impose tax on grants from abroad

Azerbaijan no to impose tax on grants from abroad
# 25 October 2013 11:48 (UTC +04:00)

APA reports that the amendments to the Tax Code were adopted at plenary session of the Azerbaijani Parliament on October 22.

According to the amendment to article #165.1.2 of the Code, “grant from abroad” words will be replaced wit “grants from abroad basing on the grant agreement”.

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