The Ministry of Taxes has updated the list of taxpayers who have debts to pay taxes. They included several big-name companies, including those belonging to the families of the oligarchs.
Among them there is Ltd Royal Estate (a real estate management company) which is affiliated with Garant Holding owned by the family of the Minister of Transport Ziya Mammadov. The transport company Transgate and the football club Baku do not pay taxes either. They belong to the family of Hafiz Mammadov, former companion of Ziya Mammadov. The sons of Hafiz Mammadov control the Bank of Azerbaijan, which is experiencing serious financial difficulties.
Ltd. Riyad-Farm, one of the leading companies in the field of pharmaceuticals, has also entered the "black list" of the Ministry of Taxes. This company belongs to Ilgar Aliyev, a cousin of the President of Azerbaijan. The company has 20 branches in the country and a wide network of pharmacies (40 pharmacies in Baku and regions of the country). Suffice it to say that, in force since 1998, the company employs more than 2.4 thousand people.
A branch of the Italian road construction company Impresa SPA does not timely pay taxes either.
In total, the list includes more than 450 companies and individuals, as well as branches and representative offices of several foreign companies. According to the Ministry of Taxes, public and state-budget businesses and organizations evade taxation, too. The amount of the debt was not disclosed, but according to the law, it is not considered a trade secret. -----08B
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review