Azerbaijan New Lawer Profit TaxJanuary 2010
From 1.1.2010 the new corporate profit tax in Azerbaijan is 20%, compared to the previous 22% rate.
The 18%V.A.T. rate remains unchanged.
Azerbaijan Reduced Profit Tax RateMay 2009
The Azerbaijan government proposed a reduction of the corporate profit tax, from the current 22% to 20%, effective from 1.01.2010.
The government also announced in December 2008 to reduce the V.A.T. rate from 18% to 17%.
The amendments have to be approved by the Azerbaijan parliment.
Note: The information in this site is for general guidance only. Users of this site are advised to take professional advice before taking practical tax decisions.
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