Putting of assets of taxpayers who cannot cope with the payment of current taxes up for auctions has acquired a mass character. Just today, for the first time exhibited for sale was property of 52 individuals and legal entities located in different cities and regions of the country.
Customers are offered household products, clothing, home appliances, building materials, etc. Interest may be caused by two rural stores of the Gabala Consumer Union, which are estimated, respectively, in 3,360 and 1,711 manats.
Prior to that, the Ministry of Taxes offered for sale an administrative building of the Baku olive plant (87 thousand manats) and an individual residential building owned by the company R.I.S.K. (3.6 million manats).
Note that the Ministry of Taxes, for unknown reasons, the first time in many years, has not released information on the taxes collected to the state budget in January.
In 2016 the Ministry of Taxes is to collect more than 7 billion manats. However, due to the deteriorating economic situation in the country to collect taxes becomes increasingly difficult. ------08B
Economics
-
Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
-
Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
-
Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
-
The architectural company El & En has received several contracts worth a total of AZN 805,593 from the Committee for Urban Planning and Architecture. Additionally, the Territorial Construction Planning Center commissioned projects from the private company El & En worth several hundred thousand manats. These architectural projects involve work in liberated territories and other regions of Azerbaijan. The co-owner of this company, along with his son, is Elbay Gasimzade, the head of the Public Council under the State Committee for Urban Planning and Architecture and simultaneously the Chairman of the Union of Architects.
Leave a review