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Azerbaijan approves amendment to Tax Code

Economy Materials 9 June 2022 15:54 (UTC +04:00)
Azerbaijan approves amendment to Tax Code

BAKU, Azerbaijan, June 9. President of Azerbaijan Ilham Aliyev has approved a law about an amendment to the Tax Code of the country, Trend 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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