Legislative Update Newsletter - January, 2017 | KPMG | AZ

Legislative Update Newsletter - 13 January, 2017

Legislative Update Newsletter

The Tax Amnesty

1000

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In this issue:

The Law “On Amendments to the Tax Code of the Republic of Azerbaijan” has been approved. The Law will be effective as of 1 January 2017. Changes to the Tax Code include 201 total changes, including 115 new provisions, 83 changes related to the existing clauses and 3 revocation of existing clauses. We are presenting the short content of the significant amendments below.

© 2017 KPMG Azerbaijan Limited, a company incorporated under the Laws of the Guernsey, acting through its Representative Office in the Republic of Azerbaijan, a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in Azerbaijan.

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

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