Tax Crimes for Million Manat
The Tax Ministry has initiated the arrest of one of the largest suppliers of agricultural products to Russia.
According to official information of the chief fiscal agency, October 24 in the Yasamal District was arrested Farrukh Bayramov that passed tax registration in the village Zumurkhach in Barda. The request for his arrest was given by the Department of the Preliminary Investigation of Tax Crimes, incriminating him tax violations amounting 919 670 manat.
The claims against him are on two counts. Having bought agricultural products amounting to 1.6 million manat for export to Russia, he did not pay income tax in the amount of 185 901 manat. In addition, buying products from non-tax-registered farmers, he has not paid 733 769 manat of income tax.
The investigation of tax crimes of Bayramov continues. --17D-
-
- Culture
- 31 October 2014 16:17
Economics
-
Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
-
According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
-
The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
-
"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
Leave a review