Taxes Ministry Puts Taxpayers’ Property up for Auction
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
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