The Board of the Ministry of Taxes of Azerbaijan Republic has confirmed a draft of measures aimed at providing of realization of demands put before the taxes bodies with the goal to size up the situation with taxes in the country and their potential to effectively use it. These measures have been prepared on the basis of demands put before the taxes bodies during the meeting of the Cabinet of Ministers devoted to the results of social and economical activity in the first six months of the year under the chairmanship of the President of the Country being held on July 31, 2006.
The Taxes Ministry told Trendthat in accordance with the draft of measures till September 2006, it is planned to prepare drafts of alteration and addition to the tax law.
It will concern mutual cashes, particularly the differentiation of financial sanctions applied when these regulations are violated. Also measures on stopping of activity of objects which repeatedly violate regulations of management of cashes with population following application of the maximum barrier of financial sanction to them.
Those entrepreneurs whose activity is restricted, but they illegally restore it will be called to account for it.
The activity of those objects which are illegally carried out their entrepreneur activity without registration in the tax bodies will be interrupted as well. With the goal to eliminate cases of evasion of payment of VAT, it is stipulated to introduce tax accounts on VAT.
In the draft of measures it is stipulated working out of the draft on Minimal Barrier of Rent that will provide attraction of tax-payers engaging in handing over his or her tenement for rent to taxation depending on regions where this object is.
It is expected that the obligatory system of avowal during payment of taxes from financial means obtained from realization of movables and immovables within the calendar year and which exceeds a certain sum will be introduced. The methodology of counting of returns from submission of immovables if such a property provides the main place of residence up to 3 years, as well as movables registered in accordance with the existing legislation are also planned.
The tax bodies are about to classify objects engaging social and consumer services and musical and entertaining activity in accordance with certain criteria and the united tax sum will be determined for these goals.
Alterations concerning tax-payers engaging in retail trade, who may be registered only as tax-payers on the simplified system of taxation.