Azerbaijan, Baku, 4 March / Trend corr U. Ismayilova/ The Cabinet of Ministers of Azerbaijan approved coefficient value added tax (VAT) in the city areas for people engaged in construction.
Earlier, at a decision made by the Cabinet dating 25 September 2007 Baku was divided into 12 areas.
Area | Coefficient |
1 | 3.5 |
2 | 2.5 |
3 | 1.5 |
4 | 1.4 |
5 | 1.3 |
6 | 1.2 |
7 | 1.1 |
8 | 1.0 |
9 | 1.0 |
10 | 1.0 |
11 | 1.0 |
12 | 1.0 |
For the Absheron region (including Khirdalan), Sumgayit and Ganja the coefficient is 1.0; Khankendi, Ali Bayramli, Mingachevir, Nakhchivan, Lankaran, Yevlakh, Sheki, Naftalan, Shamakhi, Gazakh, Shamkir, Salyan, Guba, Khachmaz, Zagatala, Jalilabad, Goychay - 0.8; other regions, towns, villages and settlements - 0.6.
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