Azerbaijan, Israel to eliminate double taxation

Azerbaijan, Israel to eliminate double taxation
# 07 April 2017 11:49 (UTC +04:00)

Today, a Convention on “Elimination of double taxation on incomes and prevention of tax avoidance between Azerbaijan and Israel” and confirmation of its protocol were discussed at the plenary meeting of the Azerbaijani parliament.

 

Chairman of Economic Policy, Industry and Entrepreneurship Committee Ziyad Samadzadeh gave information about the draft law.

 

He said that the document will serve increase of trade and financial turnover between Azerbaijan and Israel and prevention of tax-avoidance: “The draft law covers income tax of individuals and profit tax of legal entities”.


The draft was adopted by voting.

 

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THE OPERATION IS BEING PERFORMED