Taxes to increase in Azerbaijan

According to the information, given from INTERFAX Azerbaijani agency, there will be amendments in the tax code. So, entrepreneurs of industrial, commercial and economic objects will pay 10 AZN for every 100 square metre. It means that taxes for such objects will increase about 65 percent.

Residents of Ganja, Sumgait cities and Absheron peninsula will pay 8 AZN. Other cities and regions will pay 4 AZN.

Meanwhile, people will pay 0.6 AZN land tax for yards and gardens. It means that increasing will be 20 percent. This number will be 50 kopeck in Ganja, Sumgait and Absheron. ANS