Azerbaijan, Baku, 14 Feb. / Trend, A. Akhundov /
Azerbaijan and Israel have completed the first phase of negotiations on a draft intergovernmental convention on elimination of double taxation and prevention of tax evasion.
This is stated in a report published on Thursday in the "Taxes" newspaper (print edition of the Ministry of Taxes of Azerbaijan).
As a result of negotiations between experts of the Ministry of Taxes of Azerbaijan and Tax Administration and the Ministry of Finance of Israel, held in late January in Baku, the parties agreed on most items of the convention and decided to continue work on harmonization of points that require further discussion.
To date, Azerbaijan has signed agreements on the avoidance of double taxation and prevention of evasion of taxes with 43 countries.