Azerbaijan will not apply full VAT for taxi service payments
Business
- 28 November, 2017
- 09:45
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 28 November. REPORT.AZ/ A value-added tax (VAT) in amount of 18% which is planned to be deducted while paying for such taxi services as UBER, Taxify and etc. in Azerbaijan will not cover whole payments.
Report was told in banking circles, non-residents can make payment for service with plastic cards issued both by local and foreign banks.
VAT can be deducted only from payments made with local bank cards. Technically it’s impossible to deduct taxes from the card account opened in a foreign bank.
From December 1, while making payment for a taxi service, VAT will be applied in Azerbaijan.
Azerbaijani banks already started to send notification messages to their customers about new change.
Latest News
23:35
Video
President Ilham Aliyev's social media accounts shared video on Cambodian Prime Minister's visit to Azerbaijan
Foreign policy
23:17
Parviz Shahbazov: Oil market stability also depends on safe energy deliveries
Energy
23:11
Georgia seeks role in China-Kyrgyzstan-Uzbekistan transport route
Region
22:34
Education authorities inspect dress-code compliance in Baku schools
Education and science
22:15
Photo
Azerbaijani photo club continues 'landmine-free world' campaign in Sarajevo
Foreign policy
21:59
Shaffer: Military outcome paved way for Armenia-Azerbaijan peace
Foreign policy
21:31
29 foreign ministers accuse Iran of hostile hybrid activities
Other countries
20:53
Photo
Azerbaijan's new ambassador presents credentials to Pakistan's president
Foreign policy
20:34
Škoda Group plans manufacturing and maintenance facility in Baku
Industry