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Publishing priorities of development of the tax system
At today’s fifth tax forum "Tax system in Azerbaijan: realities and prospects" the head of the tax departmentN1 NatigShirinov named the main priorities of the development of the tax system. According to him, this is the improvement of the investment environment, expanding the tax base and improving tax account for a constant monitoring of the benefits and tax exemptions.
He believes it is important tointroduce taxation of electronic commerce and stimulation of cashless payments. In terms of improvement of tax accounting for several years, work is underway, including the introduction of electronic accounting. --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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