Agreement on Double Taxation Avoidance Came into Force between Azerbaijan and Finland
An Agreement came into force between Azerbaijan and Finland on avoiding the double taxation for revenues and property and elimination of the cases of deviation from the tax payment.
The Agreement in Azerbaijan will affect the profit tax of juridical persons, revenue tax of physical persons, property tax and land tax and in Finland вЂ" tax for state and corporative revenues, communal tax, church tax, tax deducted from percentages of source and revenues of non-residents, as well as state property tax.
From January 1, 2007, the same agreements came into force with Canada, Latvia, Czech, and Belgium. Generally the Tax Ministry of Azerbaijan signed agreements with 22 countries.