Taxation of Transport Sphere Changing
The President instructed on the 6th of April the Cabinet of Ministers to prepare proposals for the improvement of taxation in freight and passenger transport by road transport.
In three months, the government will also prepare proposals on the responsibility for administrative violations of the rules for passenger and freight traffic.
The head of state issued a decree amending the decree "On the application of the law of Azerbaijan Republic" On the road transport ". According to this Act, control over the implementation of the rules for passenger and freight traffic in addition to implementing the Ministry of Transport and Ministry of Interior.
Currently, taxes on passenger and freight traffic are carried out under the simplified tax type. Passenger transportation by taxi will be charged a monthly tax of 9 manat per seat and on the buses - 1.8 manats per seat and 1 manat for each ton of truck capacity. -----08D
Economics
-
Azerbaijan began the new year with significant hikes in gas, electricity, water, and medication tariffs, sparking widespread concern among citizens over the financial burden on households. While officials defend the measures as necessary for economic sustainability, critics warn of challenges tied to stagnant wages and pensions.
-
As of January 1, Europe has ceased contract-based transit of Russian gas through Ukraine. Kyiv announced it would not renew agreements to traffic gas from the "aggressor nation" through its territory. The decision marks a pivotal moment in Europe’s efforts to reduce reliance on Russian energy, a dependency that supplied nearly 50% of the continent’s gas imports before the war in Ukraine.
-
Azerbaijan's Tariff Council has approved a decision to regulate the maximum wholesale and retail prices of registered medicines, with the new pricing caps coming into effect on January 2, 2025.
-
Azerbaijan's Tariff Council has approved tariffs for connecting construction sites to water supply and wastewater systems for the first time, addressing a previously unregulated sector with inconsistent charges, the council announced on January 2.
Leave a review