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Tax and social insurance exemptions in liberated territories

Tax and social insurance exemptions in liberated territories We inform you that, starting from January 1, 2023, residents of the liberated territories are exempt from profit (income), property, land, and simplified taxes for a period of 10 years.

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What is the penalty for selling jewelry items for cash?

What is the penalty for selling jewelry items for cash? I am engaged in the sale of jewelry products. According to an amendment to the Tax Code that came into effect last year, payments for the sale of jewelry items exceeding 15,000 AZN must be made

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Card-to-card transfers: profit or serious financial risks?

Card-to-card transfers: profit or serious financial risks? The volume of cashless transactions in our country is rapidly increasing, especially due to the expansion of digital payment capabilities. According to the Central Bank's report, the

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Tax requirements for purchasing goods from unregistered persons and drafting a purchase act

Tax requirements for purchasing goods from unregistered persons and drafting a purchase act According to Article 71-2.1 of the Tax Code, taking into account the provisions of Article 130.1-1 of the Tax Code, when goods are purchased from individuals

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