Azerbaijan exempts from tax the sports betting prizes

Baku. 28 October. REPORT.AZ/ A draft law on amendment to the Tax Code of the Republic of Azerbaijan was discussed and ratified at today's plenary session of the Milli Majlis (Azerbaijani Parliament).

Report informs, the amendment to the Tax Code considers exemption of sports betting prizes from tax.

Notably, currently, 10% tax deducted for sports betting prizes.