Azerbaijan approves amendment to Tax

25 November 2024

Azerbaijan approves amendment to Tax Code

16:11 09 June 2022 Read: 1134

Azerbaijan approves amendment to Tax Code

President of Azerbaijan Ilham Aliyev has approved a law about an amendment to the Tax Code of the country, AzVision.az reports.

According to the amendment, from February 1, 2023, dividends, discounts (the difference resulting from the placement of bonds at a price below par), and interest income paid on shares and bonds issued for public offering and trading on a regulated market, will be exempted from income tax for five years.

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