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Azerbaijani minister talks use of digital, blockchain technologies in tax administration (PHOTO)

Business Materials 30 October 2018 17:52 (UTC +04:00)
The use of digital technologies in tax administration, especially the advantages of artificial intelligence and blockchain technology, has become current requirements, Azerbaijani Minister of Taxes Mikayil Jabbarov said.
Azerbaijani minister talks use of digital, blockchain technologies in tax administration (PHOTO)

Baku, Azerbaijan, Oct. 30

Trend:

The use of digital technologies in tax administration, especially the advantages of artificial intelligence and blockchain technology, has become requirements, Azerbaijani Minister of Taxes Mikayil Jabbarov said.

Jabbarov made the remarks at the session "Tax administration after 10-15 years: how to adapt to the changing pace" within the tax summit on the digital economy in Lisbon.

As for the work carried out in the field of creating digital economy and digitalization of tax administration in Azerbaijan, Jabbarov stressed that e-tax declarations have been in use for many years, and e-invoices are used in the country.

Also, he said, numerous e-services are rendered to taxpayers.

“The tax administration must be adapted to the changing economic sphere,” he said. “Today, the tax burden of entities of digital economy is less than the tax burden of participants of traditional economy and one of the main problems facing tax administrations over the next 10 years is the correct formulation of tax policy in this direction.”

The minister stressed that tax policy must be adapted to the pace of change in the digital economy.

He also stressed the importance of raising public awareness on tax issues and added that this issue will be one of the priorities for the next years. The importance of rendering adequate services to taxpayers was emphasized.

Jabbarov also answered participants’ questions during discussions.

Responding to a question about whether digital economy participants are competitors or partners, the minister unequivocally stressed the importance of establishing partnership relations and spoke about the regulatory role of the tax authority as an important element of this process.

Representatives of more than 76 tax bodies of the member-states of the Intra-European Organisation of Tax Administrations (IOTA), the Inter-American Center of Tax Administration (CIAT), as well as representatives of 26 different organizations attended the event.

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