Azerbaijan, Baku, Oct. 27 / Trend Akhundov /
Azerbaijani Taxes Minister Fazil Mammadov has issued an executive order on new Regulations of the Tax Audit Department under the Taxes Ministry, dated Oct. 22, the order posted on the Ministry's website says.
The previous Regulations, approved by the executive order dated March 15, 2010, is considered invalid.
The Tax Audit Department, as a structural subdivision of the Taxes Ministry conducts tax inspection envisaged in the Azerbaijani Tax Code within its authorities and carries out organizational and surveillance activities in the operative tax supervision.
The Department is a legal entity and has an independent balance, state property, treasury and bank accounts, stamps with Azerbaijan's emblem on it and its own name, the relevant stamps and forms.
The Tax Audit Department is located in Baku.
The Department participates in forming tax policy in the relevant field and ensures the implementation of this policy, ensures the development of the relevant sphere, acts in other directions, defined by law.