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Leasing Association proposes new application mechanism of VAT fro leasing

Business Materials 20 February 2006 16:02 (UTC +04:00)

The Association of the Azerbaijani Leasing Companies (AALC) set to negotiations with the Taxes Ministry, Finance Ministry and Economic Development Ministry with proposal on more acceptable application mechanism of VAT in the country, Jeihun Mammadbayli, the President of the Association, told Trend.

According to Mammadbayli, there are different opinions, but the task is to apply new mechanism from 2007. Therefore, AALC wants to join the discussions of the project on changes and supplements into the Tax Code, which will start from March.

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