Declaration on income taxes on physical entities and profit taxes on legal entities to be submitted by 31 Mar - Fatizade

Declaration on income taxes on physical entities and profit taxes on legal entities to be submitted by 31 Mar - Fatizade

Deadline for submission of declarations on incomes of physical entities and profits of legal entities is 31 March 2006, Zaur Farizade, the head of the Economic Analysis and Organization of Registration of the Ministry of Taxes, told a news conference on Tuesday. It was dedicated to the commencement of the campaign on submission of declarations to tax bodies.

In the previous years the physical entities in difference to enterprises-residents could submit the declarations on tax incomes no later than 15 April. The violators will have to pay fines in the amount equal to 40 SDR. In case the taxpayer fail to meet the deadline set for 31 March they can be provided with additional term of 3 months. Any delay linked with the post deliveries are taken into consideration.

According to Elchin Mammadov, the head of the Department for Taxpayer services, the forms of declarations are available for all taxpayers free of charge. They can get it through the internet site of the Ministry, as well as tax bodies where they have registration.

A new form of declaration on income taxes of physical entities will enact into law on 1 April. The taxpayers who will fail to present declarations in time must use the new form. It is also applied on taxpayers who will have to inject changes to their reports as of a result of cameral check-ups.

As of totals of 2004 90% of legal entities and physical entities submitted their declarations on voluntary basis. According to Mammadov, as a result of 2005 the figure is expected to be higher. The world experience testifies that excess of 80% is considered as good while in the West European countries it is stood for 90% . At present there are some 11,000 legal entities paying income taxes and 7,000 physical entities paying income taxes.

Azerbaijani Cabinet of Ministers approves resolution on toughening quarantine regime (UPDATE)
Azerbaijani Cabinet of Ministers approves resolution on toughening quarantine regime (UPDATE)
Azerbaijan confirms 583 new COVID-19 cases (UPDATE)
Azerbaijan confirms 583 new COVID-19 cases (UPDATE)
TABIB discloses number of infected people in Azerbaijan’s Nakhchivan Autonomous Republic
TABIB discloses number of infected people in Azerbaijan’s Nakhchivan Autonomous Republic
Loading Bars
Latest
Turkmenistan's GDP increases in 1H2020
Tokyo new coronavirus infections over 100 for third day
Seven police hurt in violence at London music event
Europe to supply Asian countries with olive products through Georgia
Georgia reports new cases of coronavirus
Brazil health regulator Anvisa allows Chinese COVID-19 vaccine trial
Kazakhstan's import of Canada-made goods nearly twofold down
Armenia violates ceasefire with Azerbaijan 42 times
Azerbaijan's SOCAR Polymer planning to produce next polypropylene batch
Aeromexico shares rise for second day despite missed debt payment
Kazakhstan’s oil producing company to buy pipes via tender
Kyrgyzstan’s COVID-19 cases reach 7,094
Kazakhstan confirms 1,644 new coronavirus cases over past 24 hours
Israeli PM asks citizens to follow COVID-19 restrictions due to surge in morbidity
Air France set to cut more than 7,500 jobs
Turkey nearly halves leather export to Uzbekistan
Iran cuts import of electrical goods from Turkey
Iran among top three countries in world for caviar producing, sturgeon farming
Brazil reports over 1.5 mln COVID-19 cases, with 63,174 deaths
Geostat reveals producer price indices for services in Georgia
Chinese mainland reports 3 new confirmed COVID-19 cases
Japan's Cokey Systems talks its activities in Uzbekistan
4 dead in small plane crash in Utah mountains
Global coronavirus cases rise to more than 11 million
4 injured in shooting at shopping mall in U.S. Alabama
U.S. South Carolina reports 20.7 pct positivity rate from new coronavirus tests
Export of Turkish chemicals to Uzbekistan declines
Geostat: Georgia increases fruit exports
Mexican soldiers kill 12 in cartel clash near border
Iran says to announce cause of nuclear facility "incident" at "appropriate time"
4 killed, 108 wounded in fireworks factory blast in NW Turkey: ministers
Brazil set to pass 1.5 million coronavirus cases, cities reopen anyway
Zarif writes to Borrell on EU's noncompliance with JCPOA
WHO sees first results from COVID drug trials within two weeks
Number of job seekers from Turkey to Kazakhstan increasing
Spain registers rise in new COVID-19 cases in past week
Saudi-led coalition intercepts 4 bomb-laden drones
Switzerland to open borders for Georgian citizens from July 20
Over 400 beat COVID-19 in Kazakhstan
Turkey reports 1,172 new COVID-19 cases, 203,456 in total
Official talks use of RES by private companies in Kazakhstan's Karaganda
Pakistani foreign minister tests positive for COVID-19
Hungary's parliament adopts 2021 budget
Israel reports 1,008 new COVID-19 cases, 28,055 in total
Russia leading among importers of Azerbaijani fruit, vegetables
Azerbaijan launches pilot project for breeding highly productive species of livestock
TPAO to continue conducting oil, gas exploration in 2 Turkish provinces
TABIB discloses number of infected people in Azerbaijan’s Nakhchivan Autonomous Republic
Assistant to Azerbaijani president: List of spheres affected by pandemic to be amended
TABIB: Azerbaijan begins to conduct serologic tests
Georgian National Bank takes measures to support tourism sector
Assistant to Azerbaijani president: Those infected people who leave houses - criminally liable
Turkmen company plans to increase harvest of vegetables
Central Bank of Azerbaijan to hold deposit auction
Five-month cargo shipment volume via Turkish Mersin port disclosed
Turkey bans entrance of Kazakhs as anti-COVID quarantine extended
Fitch estimates Georgia Global Utilities regulated water revenue
Aztelekom develops project to improve quality of services in Azerbaijani districts
Kazakhstan starts exporting locomotives to Moldova
PETRONAS Carigali in Turkmenistan opens tender for purchase of high-speed ship
Azerbaijan records growth in export of its products to Switzerland
Erdogan: Some countries' statements on Hagia Sophia - direct interference in Turkey's internal affairs
Data on maritime cargo transshipment from US via ports of Turkey announced
Plastic cards number grows in Kazakhstan year-on-year
Info on cargo shipment from Iran via Turkish ports disclosed
Daimler's Mercedes-Benz to streamline global production network
Georgian citizens traveling to Latvia not be placed under mandatory quarantine
Azerbaijan Hotel Association eyes restoring work in post-pandemic period
Russia's Tatneft opens tender for construction, installation work in Turkmenistan
Iran's export to Kuwait declines
Oil demand won’t get back to pre-crisis growth trend for some years
Azerbaijan confirms 583 new COVID-19 cases
IOM assists Turkmenistan in developing counter-trafficking plan
Azerbaijani Cabinet of Ministers approves resolution on toughening quarantine regime
Revenues of Georgian Vannilla Sky decrease
Transport cooperation between Lithuania, Kazakhstan growing despite COVID-19 pandemic
Kim Jong Un says North Korea prevented coronavirus from making inroads
Azerbaijani president sends letter to US conterpart
Raw milk prices increase in Georgia
CAERC talks current operational balance of Azerbaijan
Georgia building new highways
Azerbaijan, Indonesia to sign energy memorandum
Volume of five-month cargo transshipment from UAE via Turkish ports disclosed
Kazakhstan, Uzbekistan agree on co-op in water resources area
Georgia effectively monitors land borders
Kazakhstan's export to South Korea decreases
WB to support sustainable development of beef production in Kazakhstan
Data on cargo movement from Greece via Turkish ports announced
Turkey's export to D-8 countries drops compared to last year
TANAP Natural Gas Transmission Co. sees increase in current assets
Total assets of Azerbaijan’s Bank BTB grow
Thailand's main airport offers rapid coronavirus test for international arrivals
Azerbaijan supports entrepreneurs’ existing loan portfolio
Revenues of TANAP Company up
Azerbaijani, Russian experts highlight economic perspectives of North-South strategy
Macron names Jean Castex as prime minister in government overhaul
Volume of cargo shipment from China via Turkish ports revealed
Industrial production surges in Azerbaijan
Uber widens taxi app to Japan's Tokyo but ride-sharing still barred
Large harvest of potatoes, onions expected in Turkmenistan
All news