The proposed changes in the tax law are a continuation of the economic reforms underway in the country and are aimed at developing the tax system while taking into account modern challenges." This is what the head of the state, Orhan Nazarelli, said in a speech at the meeting of the Milli Majles committee for economic policy, industry and entrepreneurship.
According to Orhan Nazarli, the main goals are simplifying the tax administration, improving the business environment, streamlining the administrative and financial burden on taxpayers and ensuring fiscal sustainability. "The package of amendments was agreed upon with the budgetary and fiscal framework planned for implementation from 2027, and was prepared taking into account the priorities of the country's socio-economic development, supporting strategic goals and driving investments. Some of the changes that were presented were created following extensive discussions with business parties and based on their suggestions," noted Orhan Nazarli.
The head of the civil service added that as part of the execution of the tasks arising from the relevant decree of the President of the Republic of Azerbaijan, a special subgroup was established in the Economic Council to study the difficulties faced by entrepreneurs and determine ways to solve them. In close cooperation with this subgroup, many meetings were held with business entities and business associations representing various fields, and problems that arose in their activities and initiatives were analyzed in detail. "The results of the discussions were taken into account when formulating the fiscal policy for the current year. In general, out of the 67 areas in which changes are proposed in the presented draft, 21 were actually created based on proposals from business entities that we recognized as suitable.