Azerbaijan will not apply full VAT for taxi service payments

Business
  • 28 November, 2017
  • 09:45
Azerbaijan will not apply full VAT for taxi service payments

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.