Azerbaijan pledges tax relief on donations to Coronavirus Support Fund

Azerbaijan will relive tax payments of the companies which donate to the Fund to Support Fight Against Coronavirus.

Under the financial support program for the payment of salaries in areas affected by the pandemic, donations made by individuals and legal entities to the Fund will be deducted from revenues for income tax purposes.

The program has been developed under the presidential order on “A series of measures to reduce the negative impact of the coronavirus (COVID-19) pandemic on the economy, macroeconomic stability, employment, and entrepreneurship in the country.”