For 2012, taxpayers have been submitted to the Ministry of taxes of more than 312 million tax returns, 96.8% of which were completed on time - by April 1 of this year. At the same time 94.3% of returns were filled in an electronic format, the report said the Ministry of Taxes.
The bulk of the taxpayers in Azerbaijan, whose number has already exceeded 400 thousand, are payers of the simplified system. Therefore, the declarations of income are not many of them. Despite the broad information campaign, not all taxpayers have provided reports and declarations on time. Annual tax return submitted, 96.2%, return on profit - 951%, the income tax return - 97.8%, a declaration of road tax - 94.3%, a declaration of the property tax - 90.3% of taxpayers.
In Azerbaijan since 2005, the law "On Combating Corruption", according to which civil servants are required to submit an income tax return. So far, however, this system does not work. - 08D-
Economics
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The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
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At the COP29 event titled "Climate Finance Landscape in the South Caucasus and Central Asia" held on November 14, Roland Price, Regional Director of the World Bank for the South Caucasus, highlighted the substantial economic and environmental damage faced by the countries of the South Caucasus, which she estimated at around $100 million annually.
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SOCAR Green, a subsidiary of the State Oil Company of Azerbaijan (SOCAR), has signed a series of agreements at the COP29 summit aimed at bolstering the development of renewable energy sources, enhancing energy efficiency, and promoting sustainable growth in Azerbaijan.
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The Islamic Development Bank (IsDB) is stepping up its efforts to mobilize Islamic banking resources in the fight against climate change, President of the IDB Muhammad Sulaiman Al Jasser said on Thursday during a roundtable at COP29.
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