The President of Azerbaijan has ordered on the approval of amendments to the Tax Code of the Azerbaijan Republic.
Judging by the text of the document, half of the financial penalties levied to the state budget in taxes will be contributed to the non-budget fund for the social protection of fiscal workers, as well as to strengthen the logistics of the tax bodies and increase the scientific and technical capacity in this area.
The funds will be controlled by the Ministry of Taxes itself, together with the Ministry of Finance, as the Deputy Minister of Taxes Sahib Alakbarov previously reported to journalists. --17D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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