According to World Bank and PwC, Azerbaijan Is One of "Islands" on Ease of Paying Taxes

The World Bank and the international auditing company PwC released on November 23 ranking of countries «Paying Taxes 2016", according to which Azerbaijan ranks 34th in the world (189 countries studied) on the ease of paying taxes. However, not all local experts agree with this generalization.

According to the rankings, the total size of the tax burden in Azerbaijan makes up 39.8% of the costs of entrepreneurs, the time required for the payment of taxes - 195 days. Businessmen pay taxes 7.

According to the methodology of the World Bank and PwC, Azerbaijan, on the ease of paying taxes is ahead of such European countries as France (87th), Germany (72), Greece (66) and others. Italy (137) and Japan (121) are not considered to be favorable for taxpayers.

The expert Akram Hasanov told Turan, that the in the preparation of such ranking of generalizing usually taken into account official data. Really taxes paid, including fees, can be much higher. In addition, he said, in many European countries, for example, in contrast to Azerbaijan, the income tax on individuals will be charged after deduction of certain benefits and exemptions (tuition and health care, mortgage payments, etc.). 08B