Tax Ministry comments on rumors around State Oil Company of Azerbaijan

17:20 - 10.01.2019


January 10, Fineko/abc.az. The Ministry of Taxes has commented on the occasion of talks about inspection in the State Oil Company of Azerbaijan (SOCAR).

The joint statement the Tax Ministry and SOCAR says that SOCAR is the largest national company and has become one of the largest taxpayers both in 2018 and in previous years. Also, the Company represents state’s interests in 20 countries and provides large profit.

"Tax audit in any company, including SOCAR, is one of the main and direct functional duties of our Ministry. Every year the Tax Ministry conducts scheduled inspection of large taxpayers, including SOCAR. The inspection carried out this year in the Company is also another on-site inspection. It is wrong to link those checks with any changes in the administrative structure of SOCAR," the statement says.

 

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