Article of Mr Fazil Mammadov, Minister of Taxes about challenges tax service is facing in Azerbaijan and about reforms and changes implemented:
“The national tax authority functioning as a vital state institution in supporting the reforms, always reacts to economic changes in a prompt and adequate manner. Notwithstanding substantial achievements of the tax system in improving tax legislation and administration, as well as institutional capacity in recent years, new trends in national economy and the need for building a knowledge-based modern economy has set a new agenda for tax authorities. To this end, enhancement of regulatory role of tax policy, creation of affordable, transparent, and attractive tax environment, upgrading the tax administration, improvement of services for entrepreneurs and establishment of modern corporate governance system which are considered significant factors in economic policy, as well as effective tools in regulating the business activity come first.”
Please find the whole article here.