In June, the tax officers across the country revealed violations of tax legislation in 6,119 business activities with the status of legal entities or individuals.
As stated in the press release of the fiscal authorities, for the period a quarter (1,458) of them accepted payment in foreign currency in areas not provided for that, while almost as many (1,080) earned without a license. They even found 271 entrepreneurs operating without being taken into account in tax inspection.
Regarding employers - 478 of them had no employment contracts with 772 employees.
The absence of "badges" to confirm the payment of taxes for the activities in the transport of passengers in the reporting month was recorded in 372 legal entities and individuals.
In addition, 87 taxpayers were engaged in the sale of excisable goods without excise stamps on them.
Experts believe that the officials reveal minuscule tax offenses. Most of the shops sell goods without invoices or other supporting documents. Furthermore, according to the State Statistics Committee, totally 4.5 million people work, only 2.2 million of which are accounted for in the State Social Protection Fund as payers under compulsory social insurance. --17D-
Economics
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Azerbaijan's Economy Minister Mikayil Jabbarov held discussions with Jérôme Beaumont, Executive Secretary of the Egmont Group, a financial intelligence organization, during the COP29 conference.
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November 16 (Reuters) - Azerbaijan’s Minister of Economy, Mikayil Jabbarov, met with Marco Arcelli, CEO of Saudi Arabia’s ACWA Power, during the COP29 climate summit to review the progress of joint projects in renewable energy.
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Azerbaijan's Minister of Economy, Mikayil Jabbarov, held talks with Heather Evans, Deputy Assistant Secretary for Manufacturing at the U.S. International Trade Administration, focusing on bolstering bilateral ties in energy, trade, and green development.
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The process of securing financing for the construction of the Bilasuvar solar power plant with a capacity of 445 MW and the Neftchala solar power plant with a capacity of 315 MW has been successfully completed.
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