EU business: Recent changes in tax administration will pave the way for more genuine and far-reaching reforms

EU business: Recent changes in tax administration will pave the way for more genuine and far-reaching reforms
  • Clock-gray 09:24
  • calendar-gray 07 June 2018

The tax authorities in Azerbaijan have long been perceived as arbitrary and predatory, particularly in the enforcement and collection of taxes. This year, however, taxation policy is assessed positively by EU business, who are optimistic that recent changes in the administration will pave the way for more genuine and far-reaching tax reforms, said the EU Business Climate Report Azerbaijan 2018.

 

According to the report, appreciated is the new tax management’s readiness to develop changes in cooperation with the business community and international institutions: ‘Moving forward, European companies also expect the relevant financial and tax authorities to improve coordination and flows of information between themselves, to avoid contradictions and miscommunication in their approach’. 

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