Azerbaijan: Transfer pricing measures

New transfer pricing measures extend application of the transfer pricing rules

New transfer pricing measures extend application of the transfer pricing rules

Legislation enacted in late 2021 includes transfer pricing measures.

The provisions generally are effective 1 January 2022.

Concerning transfer pricing, there are new measures extending the transfer pricing rules to:

  • Transactions involving goods or commodities trade on international stock exchanges
  • Transactions with a single non-resident of a value exceeding AZN 30 million (approximately U.S. $17.6 million)
  • Transactions with a single non-resident exceeding 30% of the total income or expenses of a resident of Azerbaijan

Read a January 2022 report [PDF 405 KB] prepared by the KPMG member firm in Azerbaijan

 

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