Azerbaijani Entrepreneurs Granted Tax Incentives in Italy

The entrepreneurs - residents of Azerbaijan, working in Italy, have received opportunities of tax benefits. According to the information of the Ministry of Taxes of Azerbaijan, the government of this country has put local businessmen in the so-called "white list" of jurisdictions in tax matters, which will improve conditions for entrepreneurs.

Recall, the majority of exports to Italy ($ 885,712,710, according to the Customs Committee by August 1) falls on crude oil, whilst the imports of Italian goods amounted to $ 209.08 million.

The "white list" approved by the Ministry of Economy and Finance of Italy includes 123 countries. Tax incentives include the provision of tax holidays for certain types of income. --17D-

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