From January 1st a new tax will enter into force in Azerbaijan – AZN per 100 square meters for non-agricultural land.
As Turan was told in the Ministry of Agriculture, a draft has been prepared on the “criteria and rules determining the intended use and the impossibility of the intended use of agricultural land.” A document was prepared in order to apply changes to the Tax Code on the taxation of unused agricultural land.
Land used for its intended purpose and not suitable for use for objective reasons (lack of irrigation, land reclamation and so on agronomic conditions) is taxed at a rate of 0.06 manat for 1 conventional point. ----08D
Economics
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President Ilham Aliyev signed a decree on 27 Desember to implement the law on the 2025 State Social Protection Fund budget, setting forth measures to ensure the effective execution of the fund’s financial framework.
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Azerbaijani President Ilham Aliyev has issued a decree to implement amendments to the country’s Tax Code, approved by Parliament on December 16, 2024, under law number 98-VIIQD. The decree, published on Friday, is aimed at optimizing tax administration and strengthening the legal framework outlined in the revised legislation.
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Azerbaijan’s parliament has approved a law establishing minimum living standards for 2025, with specific allocations for various demographic groups. The legislation, signed by President Ilham Aliyev on December 16, will come into force on January 1, 2025. The presidential decree was published on December 27.
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The President of Azerbaijan issued a decree on December 27, 2024, to implement the "2025 State Budget Law" aimed at streamlining the allocation and execution of government expenditures. The legislation, codified under law number 93-VIIQ, outlines detailed budget appropriations across various sectors, reflecting strategic priorities in defense, education, healthcare, and infrastructure.
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