Recent changes in Tax Code cause problems for travel agencies in Azerbaijan
Baku, Azerbaijan, Mar. 28
By Matanat Nasibova – Trend:
Recent changes in the Azerbaijani Tax Code have caused certain problems for travel agencies in Azerbaijan, Nijat Imanov, Deputy Director General of the Tax Policy Department of the Azerbaijani Ministry of Taxes, said at an event on the latest changes in tax legislation affecting the tourism industry, Trend reports.
In particular, the recent changes in the Tax Code caused problems with the use of electronic invoices by travel agencies, according to Imanov. It was, however, possible for the department to promptly solve these issues.
Imanov noted that changes are made in the tax legislation of Azerbaijan every year, and any and all innovations are aimed at easing the activities of entrepreneurs.
According to him, all changes are aimed both at eliminating the shadow economy in this area and at creating preferential conditions for the development of the tourism sector.
"Of course, most changes in tax legislation were aimed at supporting business entities, and at supporting the development of business areas in general. Taxes are a balancing tool – therefore, innovations in legislation tied directly to the field of entrepreneurship are also relevant to the field of tourism," he said.
Imanov also noted that the Ministry of Taxes is actively involved in solving the problems of business entities in the field of tourism.