From 2007, the Government of Azerbaijan refused the practice of disclosing the amount of fine sanction applied to the financial units due to the tax violations, Trend reports.
The Chief of the Head Department for Tax Policy and Strategic Researches of the Azerbaijan Taxes Ministry, Akif Musayev, said that such necessity appeared due to the tendencies of strengthening the national currency and denomination process. Thereafter, the fines will be indicated in AZN, which will lead to decrease in their size.
According to Musayev, 68 amendments and annexes have been made to the tax legislation of Azerbaijan. The amendments envisage simplification of the production conditions of the employers, especially it will be allowed to take out several expenses from the profit, particularly expenses on foods in marine trips.
This year it is planned to continue the work on installation of excise tax posts.
The interesting fact is that thereafter, the information on the tax debts will be considered as a commercial secret. This amendment was made not only to the tax legislation, but also to law On receiving information.
According to Musayev, after the approval of the amendments to the tax legislation, the Taxes Minister, Fazil Mammadov, issued an order on devising appropriate rules and bringing the normative acts into conformity with the tax legislation. Trainings will be organized to raise the qualification of the tax employees.
The Deputy Chief of Ministry Department for Taxpayers, Elchin Mammadov, said that the telephone service 195 is available at all territories of the Republic to obtain information on amendments and make complaints. In addition, it is possible to get information on innovations through the web-site of the Ministry and new service of Mobile Operator Azercell.