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Parliament holds last session of year [UPDATE]

30 December 2016 15:22 (UTC+04:00)
Parliament holds last session of year [UPDATE]

By Amina Nazarli

The last plenary session of the Azerbaijani Parliament for 2016 kicked off on December 30, while the parliamentarians considered 25 issues during the session.

The parliamentarians approved a draft law "On regulation of tax debts of taxpayers from January 1, 2017", stipulating tax amnesty.

The tax amnesty will cover more than 44,700 representatives of the private sector including 1,037 in public sector.

The bill covers two types of tax debts: the first article of the bill envisages cancellation of all interest accrued for non-payment of debt, and the second article - writing-off of the financial sanctions.

In case of repayment of one third of the financial sanctions during January 2017, remaining 70 percent will be written off. In case of repayment of half of tax sanctions during January-February, other 50 percent will be written off, while if 70 percent of financial sanctions during repaid in January-March, remaining 30 percent will be written off.

The Parliament also discussed the Law on Budget system. Chairman of the Standing Commission on Economic Policy, Industry and Entrepreneurship of the Parliament, Ziyad Samadzade clarified that it’s offered to annul the article #6.6 of the Law on Budget system.

Under the draft law, in case the implementation of projects financed from the reserve funds specified requires a period longer than the current budget year, use of funds allocated from financing of those projects will not be carried on the next budget year.

Also, it’s offered to amend the Article #19.5 (Cash execution of the state budget). Under the draft amendment, balances of all treasury accounts for the yearend are transferred to the unified treasury account of the state budget. The amendments were approved.

Moreover, the structure of the Parliament was reshuffled. Latif Huseynov, Head of the Parliamentary Department of Legislation and State Building was dismissed from his post.

Mirhashim Seyid was appointed to this position. Formerly he worked as the deputy head of the department.

The head of sector at the department Fuad Mammadov was appointed as deputy head of the department.

Head of the Parliament's apparatus Safa Mirzayev presented new head and his deputy to the staff.

Speaker Ogtay Asadov, summing up the results of the session,said a fruitful work was done in the autumn session, during which 195 laws and decisions were adopted.

He added that Azerbaijani MPs paid more than 50 visits to 24 countries and observed the parliamentary and presidential elections in several countries.

The Parliament also sent a message to world Azerbaijanis on the occasion on December 31 -- Solidarity Day of World Azerbaijanis, calling for the preservation of national traditions and spiritual values of the Azerbaijani people.

The appeal emphasizes that the Azerbaijanis all over the world have one important task -- to preserve national values, customs and traditions of the people, and achievement of this goal requires efforts of all Azerbaijanis in the world.

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Amina Nazarli is AzerNews’ staff journalist, follow her on Twitter: @amina_nazarli

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