Azerbaijan approves amendment to Tax Code
President of Azerbaijan Ilham Aliyev has approved a law about an amendment to the Tax Code of the country, Azernews reports.
According to the amendment, from February 1, 2023, dividends, discounts (the difference resulting from the placement of bonds at a price below par), and interest income paid on shares and bonds issued for public offering and trading on a regulated market, will be exempted from income tax for five years.
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