Vugar Bayramov: The law on declaration of income adopted, but not valid


December 7, Fineko/ At today’s Milli Majlis meeting MP Vugar Bayramov touched upon a number of important points.

ABC.AZ reports that Bayramov raised the issue of the need for officials to submit an income declaration.

He noted the need to adopt a new law in this area: "A law on income declaration was adopted in Azerbaijan 17 years ago, but it is not in effect. In Azerbaijan, there is a need to adopt a new law in connection with the income declaration. It is necessary to develop a new bill both on money laundering and on increasing transparency in this area in general, in particular, on the declaration of income of officials. In all cases, citizens must declare their income."