Revised rules for the simplified tax

Tax Ministry has prepared a proposal for amendments to the Tax Code. The bill was discussed in the Committee on Economic Policy of the Milli Majlis. However, some of its provisions are accepted by society is ambiguous.

According to the proposed changes, the amount involved in a simplified tax from the sale of goods (works and services) equalize resources for individuals and legal entities and will be AZN 120,000 a year. Today, individuals, this amount is 90 thousand manat and legal entities - 120,000 manat. Simplified tax rate is for Baku - 4% of the turnover, in other cities and regions - 2%.

The Chairman of the Public Association "Union of merchants and manufacturers" Sevgim Rakhmanov told Turan, that he sees no reason at this legislation. "The 120,000 manat turnover is small commercial properties in order to avoid being subject to VAT, taxpayers struggling to understate the real turnover. Know about it and Taxes. However, this remains a potential source of corruption, "he said. Representative of the interests of small businesses believe that, given the rise in commodity prices, inflation in the consumer market, attracted to the simplified tax turnover of small businesses must be at least 250,000 -300,000 manat." Integrated solutions for this problem are to solve the problem of overhead documents.

According to Rakhmanov, some imported and locally produced goods not accompanied by invoicing, which affects the accounting and tax relations. The trade network has to hide the real traffic, as it can not provide the necessary documents for the netting of VAT.

In 2011, as a simplified tax 79.3 million manat was paid, AZN 30 million more than in 2010. - 08B-