Azerbaijan to apply favorable tax on new enterprise zones

Azerbaijan to apply favorable tax on new enterprise zones
# 11 April 2007 16:30 (UTC +04:00)
Azerbaijan’s Taxes Ministry has studied taxation policy of the developed countries in order to apply before-tested favorable taxes on the free economic zones to be created in Azerbaijan, APA-Economics reports.
The Ministry officer Akif Musayev said the tax privileges will be in two package-permanent and temporary.
“Tax administration is the priority in order to prevent abuse of privileges,” he added.
He said that the President ordered the Economic Development Ministry to prepare proposals on the matter. /APA-Economics/

Politics

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