Azerbaijan Tax Ministry Posts FAQs on Various Tax Measures

The Azerbaijani Ministry of Taxes April 1 posted online FAQs on various tax measures. Topics covered include: 1) the taxation of interest-free loans; 2) various deductible expenses; 3) VAT on vehicles leased to nonresidents by resident transport businesses; 4) the application of the simplified tax regime on various services; 5) activities subject to the temporary tax regime; 6) the taxability of payments to nonresidents at the source; 7) tax exemptions for specific activities and protective equipment used to combat the coronavirus pandemic; 8) temporary exemptions from property taxes and rent; 9) VAT registration and de-registration for specific sectors; and 10) ...