Fazil Mammadov, the Azerbaijani Taxes Minister, stated that the Azerbaijani Taxes Ministry will continue work on the Tax Code. In the near future it will be passed to the President's Executive Apparat for approval, Trend reports.
The Code plans to take steps to strengthen the tax administration and in particular, the administration of the Value Added Tax.
Discussions are ongoing, but it is possible to inject some crucial changes into the Code, the Minister stated.
Touching upon the tax privileges, Mammadov elaborated that the Ministry intends to take steps to remove some of its privileges. At present medium and big business are developing successfully and therefore it is not necessary for these privileges to apply any longer. he pointed out.