Azerbaijan to refund 30% of VAT for cashless payments in hotels in Karabakh

According to the proposed annexes and amendments to the Tax Code, 30% of the VAT for cashless payment in hotels in the liberated territories of Azerbaijan is planned to be refunded starting from next year, Report informs.

According to the amendments, this figure for cash payments will be 5%.

Currently, the mentioned rates are 15% and 10%, respectively.