Taxation in Azerbaijan

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Azerbaijan has joined the growing list of countries that are taxing revenue received in cryptocurrencies. Revenues received in cryptocurrency in Azerbaijan are subject to taxation, according to Nijat Imanov, deputy director general of the tax policy and strategic research department for the Taxes Ministry, according to the country’s Trend News Agency. Imanov noted the requirement […]

The revenue accrued from the crypto related transactions will undergo taxation in Azerbaijan. This is in accordance with the deputy director of the department of tax policy and strategic studies in the ministry of Taxes, Nidjat Imanov. Imanov made a clarification on this department’s position and decision in the Financial and Investment Forum which was […]

The Ministry of Taxes of Azerbaijan has completely suspended inspections of the business sector.

Among the products purchased by the Ministry are: Onesource Benchmark and Onesource TP Loan Module.

Azerbaijan’s Cabinet of Ministers has approved the “Rules of exempting trucks, trailers and semi-trailers of foreign states from road tax and state fee”.

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