On 1 january in Azerbaijan will begin a tax amnesty, which affect more than 42.000 people. At the briefing the Head of the Tax Crimes Analysis of the Ministry of Taxes Zeynalabdin Mammadzade said that amnesty will be implemented as part of the bill, which is submitted to the plenary session of Parliament. After its adoption will be possible to write off taxes of 44.000 taxpayers, Mammadzade said. According to him, it will stimulate entrepreneurship, support entrepreneurs, and increase economic activity.
Referring to the amount of funds that the state is prepared to delete, Mammadzade called debts of
$624 million manats. With regard to the nature of the debt will be written off the accrued interest and part of the financial sanctions. In January 2017 while paying 30% of the sanctions, 70% will be deleted automatically.
On interest debts will be written off more than 386 million manats, including the debt of the public sector by 125 million manat. Total will be deleted tax penalties of 13,780 taxpayers amounting 234 million manat. The total tax debt in the country is more than 1.5 billion manat. -02D-
Economics
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Azerbaijan’s Minister of Economy, Mikayil Jabbarov, participated in the "Circle of Leaders: Financing the Energy Transition - New Horizons" session during the World Economic Forum (WEF) in Davos, emphasizing the country’s strategic role in global energy security and its green energy transition initiatives.
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Around 200 employees of SOCAR, Azerbaijan's state oil company, staged a strike in Batumi, Georgia, on January 21,demanding wage increases, local outlet Batumelebi reported. Participants included technicians and staff from various departments who argued that their long-standing minimal salaries fail to reflect their workload.
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On January 21, during a meeting in Davos, Azerbaijani President Ilham Aliyev met with Henrik Poulsen, Chairman of the Supervisory Board of Carlsberg Group, and Jacob Aarup-Andersen, the company's CEO. The discussions emphasized Carlsberg Group's expanding presence in Azerbaijan and its commitment to developing local production and sustainability.
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In 2024, Azerbaijan's "Single Window" Export Support Center processed 1,747 requests from businesses and individuals, facilitating the issuance of 3,982 export certificates. According to Vusal Gasimli, Executive Director of the Center for Analysis of Economic Reforms and Communications, these efforts supported export operations valued at USD 288.2 million.
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