President Ilham Aliyev has approved the amendments to the Tax Code, providing for tax benefits for businesses amid coronavirus pandemic, the president’s press service reported on June 2.

Azerbaijan’s Cabinet of Ministers has introduced amendments to the Rules for the state budget preparation and execution in connection with financial sanctions, applied by tax authorities, as well as other deductions, Trend reports.

Medical services provided as part of compulsory medical insurance and sales of animal and poultry meat will be exempt from value-added tax (VAT) in Azerbaijan, according to the December 25 presidential decree on Amendments to the Tax Cod of Azerbaijan,

Reducing the administrative burden on entrepreneurs, encouraging entrepreneurship, changes in Azerbaijan's Tax Code on the introduction of electronic tax invoices are among measures taken to meet the interests of taxpayers, Director General of the Tax Policy Department of the Azerbaijani Ministry of Taxes Samira Musayeva said at a press conference on the results in the tax sector in 2019, Trend reports.

Azerbaijan’s Economy Minister Mikayil Jabbarov has said that the draft amendments to the country’s Tax Code will ensure transparency in economy, develop entrepreneurship and simplify the accounting system for tax payments.

Minor changes may be made to Azerbaijani Tax Code in 2019, Azerbaijani Deputy Minister of Taxes Sahib Alakbarov told reporters in Baku on June 4, Trend reports.

The State Tourism Agency of Azerbaijan is working to create a bill on tourism, head of the State Agency’s office Kanan Gasimov said.

The latest changes in the Azerbaijani Tax Code envisage the expansion of the list of fixed tax payers, the Azerbaijani Ministry of Taxes told Trend.