Axar.az
UP
22 February 2018


We are aware of tax avoidance cases by foreign companies

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

Difference should be drawn between honest and dishonest tax payers, Minister of Taxes Mikayil Jabbarov said at the “Taxes. Transparency. Development” conference.

Axar.az reports citing APA.

According to him, honest tax payer has right t make a mistake: ‘The tax authority should not wait will the mistake is made, but prevent it. Such approach demands reconsidering and extending ‘services rendered to tax payers’ notion. It must also cover support to business activity.

The Ministry can differentiate right tax planning from tax avoidance. The latter is a crime and we’ll do our best to punish it’.

The Minister noted that the Ministry is today offering tax payers to switch to voluntarily tax payment from tax levy: ‘This will give positive results on relations between tax authority and tax payers’

The minister noted that President Aliyev’s policy provides Azerbaijan’s leadership in the South Caucasus: ‘However, we must consider that other countries in the region compete for attraction of foreign and Azerbaijani investors. Taxpayers rejecting law should expect any concession from us. We are aware of tax avoidance by local and foreign companies.’

Date
2018.02.13 / 14:55
Author
Axar.az
Comments
See also

Bill Gates: Billionaires should pay more taxes

Bitcoin's price continues growing after reaching $11,500

Latvia detains central bank chief

Buffet's right-hand man pours scorn on Bitcoin

Bitcoin exchange rate surpasses $10,000

U.K. PM's trade envoy due in Azerbaijan

Cryptocurrency goes big in Japan

Wall Street sees worst week in two years

Oil price goes down more than 3%

Uber rejected $500 million settlement with Waymo

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla