Cabinet updates rules on forecasting state budget revenues
Akbar Novruz
Read moreThe Cabinet of Ministers has amended its 2020 decision on forecasting state budget revenues, including non-oil and oil revenues, Azernews reports.
Prime Minister Ali Asadov signed the updated regulation, which introduces a key change in calculating simplified tax revenues. Under the new rules, simplified tax revenues from taxpayers engaged in cargo transportation will no longer be included in the state budget revenue forecasts.
This adjustment aims to refine budget revenue predictions by excluding cargo transport simplified tax revenues from the forecast calculations.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!