Azerbaijan to introduce new 3-year tax breaks for local manufacturers

10:25 - 16.11.2017


November 16, Fineko/abc.az. The Ministry of Taxes of Azerbaijan has made the fresh proposals to stimulate the domestic production.

Samira Musayeva, director general of the Ministry’s Tax Policy & Strategic Research Department, has claimed that the new tax benefits will be valid for the next three years.

"The proposals imply introduction of tax incentives for the local producers of export-designed output with the exception of Baku, Sumgait, Khirdalan and Absheron district, and exemption from property tax for privatized state property," she emphasized.

 

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