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Taxes are taken into account when calculating alimony
Taxes are taken into account when calculating alimony
It is hereby informed that according to paragraph 7 of the “List of types of salaries and (or) other incomes of parents from which alimony for children is deducted in manats and foreign currency,” approved by Decision No. 98 of the Cabinet of Ministers of the Republic of Azerbaijan dated May 23, 2001, alimony is calculated from the payer’s income after taxes are deducted.
The term “taxes” refers to taxes withheld from a person’s income in accordance with the Tax Code, and does not include other mandatory deductions.
Accordingly, alimony is withheld from the payer’s total income after the taxes established by the Tax Code are deducted and is then paid to the recipient.
Mandatory state social insurance contributions, unemployment insurance, and mandatory health insurance payments are deducted from the remaining amount after the alimony is paid.
It is hereby informed that according to paragraph 7 of the “List of types of salaries and (or) other incomes of parents from which alimony for children is deducted in manats and foreign currency,” approved by Decision No. 98 of the Cabinet of Ministers of the Republic of Azerbaijan dated May 23, 2001, alimony is calculated from the payer’s income after taxes are deducted.
The term “taxes” refers to taxes withheld from a person’s income in accordance with the Tax Code, and does not include other mandatory deductions.
Accordingly, alimony is withheld from the payer’s total income after the taxes established by the Tax Code are deducted and is then paid to the recipient.
Mandatory state social insurance contributions, unemployment insurance, and mandatory health insurance payments are deducted from the remaining amount after the alimony is paid.