12:35 - 9.12.2025

---

December 9, Fineko/abc.az. The Tax Code has been amended.

ABC.AZ reports that Azer Amiraslanov, the chairman of the Milli Majlis Committee on Economic Policy, Industry & Entrepreneurship, made this statement at today's parliament plenary session during the 3rd reading discussion of the bills included in the budget package of 2026.

He noted that the proposed amendments apply to the Tax Code, the Laws on Social Insurance and on Medical Insurance, as well as to Article 19 of the law on the entry into force of the resulting law: "The changes are mainly clarifying. These amendments were developed jointly by the Ministry of Finance and the State Tax Service under the Ministry of Economy and agreed upon by us with the subject of the legislative initiative. According to the relevant regulations, the proposed changes are reflected in the articles 1.24, 1.32, 1.40, 3.3.2, 12.3, 19.4 and 19.5 of the bill."

According to the amendment to the Tax Code, in order to stimulate non-cash transactions, a coefficient of 0.5 is applied to the turnover generated by payments through a POS-terminal for services provided to persons who are not registered with retailers and tax authorities. Thus, this turnover is taken into account for the purposes of VAT registration in double the amount.

"The proposed amendment clarifies that this provision should be taken into account not only when VAT is included in the registration, but also when it is excluded from it."