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Indicator of Voluntary Presentation of Tax Returns in Azerbaijan Reached 91.1%

Business Materials 2 May 2007 19:17 (UTC +04:00)

Azerbaijan, Baku / Trend , corr. I. Khalilova / The Azerbaijan Taxes Ministry has completed the reception of profit tax returns from legal entities and income tax from physical persons in 2006, a source in the Ministry has said.

10 903 (91.1%) tax payers out of a total of 11 974, could timely present their tax returns to the corresponding tax bodies of the Country.

1 499 (13.7 %) out of those tax payers, who presented their tax returns, provided notifications of the lack of tax commitment permitted by the existing tax legislation to the tax bodies.

In the reporting period, there were profits from 8 150 tax returns compared with 9 011 tax payers which made up only 90.4 %. Due to the lack of operations subjected to taxes, 886 (10.9%) tax payers presented the corresponding notifications. In Nakhchivan Autonomous Republic of Azerbaijan, 99.1 % out of the total number of tax payers could timely present their profits tax returns to the corresponding tax bodies, 98.5% on the Department for Large-Scale Tax Payers and 87.4% on the Baku City Taxes Department, etc.

2753 (92.9%) people out of a total of 2963 could timely present income tax returns to the corresponding tax bodies of the country. 613 (22.3 %) of them presented the corresponding notifications. In Nakhchivan Autonomous Republic of Azerbaijan, voluntary declarations were presented by 100% of tax payers, this indicator on the Baku City department reached just 90.6%.

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