The Ministry of Taxes of Azerbaijan intends to learn from the fight against tax evasion and concealment of income from the Internal Control of Revenues and Taxes of the USA.
According to the ministry, his employees are also interested in a reliable and infrastructure data security, which has been indicated in the discussion of the work on the accession of Azerbaijan to the "Act on the Foreign Account Tax" (ForeignAccountTaxComplianceAct, FATCA).
As previously reported, September 30, 2015 is defined as the deadline for the signing of all documents to ensure the inclusion of Azerbaijan in the number of partner countries USA FATCA.
Azerbaijan has been included in the number of partner countries of USA FATCA May 16, 2014, and an intergovernmental agreement between the two countries must be signed before December 31, 2014. Financial institutions of Azerbaijan must be registered on the portal The IRS also until 31 December 2014. After signing the document will be concluded agreement on the format of practical data exchange between the relevant authorities of the parties, on the storage of privacy and other issues. --17D-
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On Sunday, December 22, changeable cloudy weather is expected in Baku and the Absheron Peninsula. Drizzle is possible during the night and morning in some areas of the peninsula. Moderate southwest winds will prevail. The air temperature will be 5-8°C at night and 9-11°C during the day, according to the National Hydrometeorological Service of the Ministry of Ecology.
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Baku, often called the "Caucasian Dubai," is increasingly known for systematic violations of residents' housing rights. During urban renovations and the construction of elegant new buildings, thousands of families in Azerbaijan’s capital have been unlawfully deprived of their homes. Many, recognizing the futility of resistance, settle for inadequate monetary compensation for their irreplaceable property. A minority, placing faith in the Housing Code, demand fair compensation from construction companies but often lose everything—both their homes and any form of recompense.
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Azerbaijani team prepares to compete in three prestigious international Olympiads The preparation of young programmers representing Azerbaijan in international Olympiads continues successfully. In collaboration with Azercell, the Ministry of Science and Education, and the Institute of Education, the latest “Informatics Camp” was held at the Baku Higher Oil School.
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Last night, three earthquakes occurred along the Armenia-Azerbaijan border with magnitudes of 4.8, 3.0, and 3.8, according to the Republican Center for Seismological Service of the National Academy of Sciences of Azerbaijan. The Ministry of Emergency Situations reported no information about any destruction or casualties as a result of the earthquakes.
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