Journalists and some entrepreneurs will be exempted from 75% of income tax
Journalists and some entrepreneurs will be exempted from 75% of income tax
75% of income of journalists and a number of other individual entrepreneurs will be exempted from personal income tax. This is stated in the amendment to the ‘Tax Code’, discussed at the meeting of Milli Majlis on 16 December.
According to the document, 75% of journalists' income is exempt from tax if the amount of income for the year did not exceed AZN 45,000.
This tax exemption was valid until the end of 2023. However, from 1 January 2024, it was cancelled and the mentioned category paid taxes at the rate of 20% of all income.
From 1 January 2025, the same privileges will be restored for those whose annual income does not exceed AZN 45,000.
After discussion, the issue was put to vote and adopted in the third final reading.
Politics
-
Journalist Farid Ismayilov, who had been under police supervision in connection with the Toplum TV case, was detained on January 17 and brought to the Khatai District Court, his colleagues reported.
-
Ilham Aliyev congratulated Irakli Kobakhidze on the victory of the Georgian Dream party in the elections and wished him continued success. "The victory of your party is of particular significance for the entire South Caucasus, making it a more stable region, and we rejoice in this victory as your friends and brothers. We wish your government new successes in its work," said Aliyev during a joint briefing following talks and the signing of bilateral documents.
-
On January 17, the Khatai District Court of Baku rejected the requests for house arrest for journalists Aynur Elgünesh and Natig Djavadly, employees of Meydan TV, their lawyers, Elchin Sadigov and Zibeyda Sadigova reported to Turan news agency. According to the lawyers, there are no legal or procedural grounds for keeping the journalists in detention. The journalists themselves stated that the criminal case against them had been fabricated to punish them for their professional activities. The defense intends to appeal the court's refusal to transfer the journalists to house arrest.
-
The preliminary investigation in the case of the Toplum TV publication (journalists and activists) is coming to an end, reported Rasul Jafarov, the lawyer of the Institute for Democratic Initiatives, Ruslan Izzatli.
Leave a review