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AZERBAIJAN, BULGARIA TO SIGN AN AGREEMENT ON EVASION OF DOUBLE TAXATION

Business Materials 16 July 2005 13:41 (UTC +04:00)

Azerbaijan and Bulgaria will sign an agreement on evasion of double taxation, the Bulgarian Embassy in Azerbaijan told Trend.

The draft agreement has been unified during consultations of experts of the Finance Ministries of the two countries within the recent visit of Bulgarian delegation to Azerbaijan. The signing of this agreement gives a great chance to develop commercial and economic relations both in state and private sector, the Embassy said.

The draft document was designed and submitted to Azerbaijan 3 years ago.

It will probably be signed during the Azerbaijani President’s official visit to Bulgaria.

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