Azerbaijan proposes establishment of tax centers within IOTA

Azerbaijan has proposed the creation of tax centers in various countries within the Intra-European Organization of Tax Administrations (IOTA), the head of the State Tax Service Orkhan Nazarli said in an interview with the official website of IOTA, Report informs.

"On financial sustainability, we propose introduction of a equitable methodology for calculating membership contributions, exploring viable investment opportunities to optimize the utilization of IOTA’s financial reserve, and the establishment of IOTA Tax Centres in various countries," he noted.

"On increasing the geographic coverage of the membership, we propose expanding IOTA’s network and strengthening its global impact by attracting new full and associate members. Furthermore, in order to increase IOTA’s geographical reach and overall membership contributions, we propose an amendment to the IOTA Charter to allow associate members the opportunity to apply for full membership after a minimum of two years of associate membership.

On optimizing operational effectiveness, strengthening cooperation with research institutions and creating Tax Academy and establishing a strategic partnership with the OECD, which operates a network of Multilateral Tax Centres (MTC) across various countries," he added.

Orkhan Nazarli will serve as IOTA President from June 2025.