Axar.az
UP
15 August 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

Turkey to 'continue taking steps' to save lira's value

US dollar tumbles more than 5 percent against the lira

Azerbaijani oil prices declines on markets

OPEC countries increase oil production

Azerbaijan oil price exceeds $ 74 on markets

Russia to increase use of local currencies for trade

No deposits will be seized: Turkish finance minister

Brexit: Over 100 UK seats ‘switch’ from Leave to Remain

Trump's trade war 'destroys economic growth'

Can Turkey rely on the Lira in International Trade?

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