Deputy Minister: 'One of most important issues is to expand scope of non-cash payments'
Business
- 26 July, 2016
- 14:00
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 26 July. REPORT.AZ/ 'Today one of the most important issues is to expand scope of non-cash payments. We have offered non-cash payments a few years ago as well as to calculate VAT 18% to such payments, not 9%. However, it remained just as an offer'.
Report informs, Deputy Taxes Minister Sahib Alakbarov told reporters.
According to S.Alakbarov, the VAT system is fully automated today: 'Currently, 98% of VAT returns is fully automated'.
Deputy Minister also touched upon the issues of tax debts: 'At present, tax debts of taxpayers to the budget is a little bit more than 1.6 bln AZN. Since this year, leave of the country by the legal persons, having tax debts limited'.
Latest News
11:49
Gutsan: Friendly ties between Russian and Azerbaijani prosecution authorities grow stronger every year
Foreign policy
11:47
CBA forecasts average oil price of $92.8 per barrel in 2026
Energy
11:45
Central Bank of Azerbaijan raises 2026 economic growth forecast to 1.3%
Finance
11:42
Azerbaijan allocates nearly 2 billion manats for Karabakh and East Zangazur development in 9 months
Finance
11:36
Nearly 200 visitors from 70+ countries to attend int'l summit in Baku
Foreign policy
11:35
Azerbaijan, Russia agree to step up cooperation between Prosecutor's Offices
Foreign policy
11:32
Kamran Aliyev presents Russian prosecutor general with anniversary medal
Foreign policy
11:29
PATA: Azerbaijan is a hidden gem with huge potential in Asian market
Tourism
11:24
Photo
Azerbaijan, Indonesia discuss development of investment relations
Finance