Azerbaijan rises 26 steps in new “Paying Taxes” rating

World Bank has made public annual report on “Paying taxes 2012. The global picture”.

Azerbaijan has rise 26 steps and ranked 77th.

Azerbaijan has exceeded Armenia in the document considering simplifying of tax procedures. According to table, 18 types of taxes are paid in Azerbaijan, per year. According to report, total 225 hours are required for payment of all taxes in Azerbaijan. Total tax rate is 40%.

Maldives islands ranked first, Venezuela is at the last place.


/APA/