Azerbaijan: Tax relief and incentives (COVID-19)

Azerbaijan: Tax relief and incentives (COVID-19)

Amendments made in early June 2020 to the tax law and the social insurance law provide relief in response to the coronavirus (COVID-19) pandemic.

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Tax relief measures—for certain industries considered as being most affected by the pandemic—are effective for one year beginning retroactively 1 January 2020. There are relief measures concerning:

  • Profit (income) tax
  • Simplified tax
  • Value added tax (VAT)
  • Property tax
  • Land tax
  • Withholding tax
  • Penalties

There are also relief measures for all microbusinesses and business owners (regardless of industry), and relief from social insurance obligations.


Read a June 2020 report [PDF 320 KB] prepared by the KPMG member firm in Azerbaijan

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. 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. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

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