To introduce a system of payment of taxes on mobile phones
This year, the ministry will introduce a tax system taxes on mobile phones. It is already underway in this direction.
According to the head of the Main Department of Tax Policy and Strategic Studies Akif Musayev, it will be possible thanks to the introduction of Pre-filled tax return. Innovation involves filing tax returns by the tax authorities in electronic form.
At the initial stage, the system Pre-filled tax return will cover the value-added taxes. The data in the declaration will be made based on the performance of electronic invoices for VAT. The Ministry through the escrow account for VAT can track all transactions of the taxpayer.
Drafted by the declaration will be forwarded for approval to the taxpayer or to the adjustment in the event of discrepancies. The entire filling process and the declaration of the taxpayer will be carried out in real time.
According to the World Bank, the entrepreneurs in Azerbaijan for filling VAT returns spend 141 hours a year. Application of Pre-filled tax return will significantly reduce the time. In addition, the system can reduce administrative costs taxpayers. - 17D-
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- Economics
- 16 April 2013 18:10
Economics
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A high-level event titled “Trio of COP Presidencies Dialogue: Roadmap for Mission 1.5 towards a Future of Shared Prosperity” was held within the framework of the 29th session of the United Nations Climate Change Conference (COP29).
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The State Oil Company of the Azerbaijan Republic (SOCAR) and Slovakia's largest gas operator, Slovenský Plynárenský Priemysel (SPP), have signed a short-term pilot contract for the supply of natural gas, according to sources in Slovakia.
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In recent months, an increase in the price of butter has been observed in Azerbaijan. Notably, this is the third price hike within a year. According to consumers, certain brands of butter that cost 19 manats per kilogram at the end of last year are now being sold for 24 manats, marking a nearly 30% increase.
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Azerbaijan has signed an "Agreement on Project Implementation" with China’s BYD Company Limited (BYD) to establish a domestic production line for electric buses, officials announced.
COP29 | Leaders' Summit of the Small Islands Developing States on Climate Change
News Line
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- Social,
- 14:59
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