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E-tax reports in Azerbaijan exceed average European level

Business Materials 26 January 2011 11:59 (UTC +04:00)

Azerbaijan, Baku, Jan.26 / Trend N. Ismayilova /

A total of 82 percent of taxpayers submitted e-tax forms in Azerbaijan in 2010, which is more than the European average of 40 to 50 percent, Deputy Tax Minister Natig Amirov said at a press conference on the results of 2010 and plans for 2011.

The process of introducing e-invoices and online offices started as a part of the "e-Government" project. Today, most taxpayers submit e-declarations, Amirov said.

According to him, the figure has reached 93 percent of VAT payers.

"Since the introduction of e-invoices in 2010, VAT revenues to the budget increased. If, before their use the state budget received 300-350 million manat from VAT payments through the ministry, in 2010 payments were at 1.271 billion manat," Amirov said.

Seventeen terminals were put into operation to ensure coverage throughout the country, as well as Internet access in regions where the Internet is not sufficiently developed. In 2011, the construction of 10 more terminals will be completed.

Also, according to Amirov, the process of transferring data from the memory of cash registers via GPRS to the tax authorities began in 2010.

The official exchange rate is 0.7974 manat to $1 on Jan.25.

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