On 20 December 2022, PwC Azerbaijan performed an Annual Tax and
Legal Awareness session to replace our shoppers on the latest and
upcoming amendments to the tax and authorized rules in Azerbaijan
at Four Seasons Hotel Baku.
The session was led by a crew of PwC professionals who spoke
concerning the 2023 amendments to the Tax Code, new worldwide
requirements, modifications within the reporting system and amendments on
funding rules.
“Although the quantity of modifications anticipated within the Tax Code this
yr was not giant, they’re necessary for the financial system in two
instructions – funding promotion and becoming a member of the OECD Inclusive
Framework, which is a big step in the direction of tax avoidance,
enhancing the coherence with worldwide tax guidelines and making certain a
clear tax setting within the nation,” mentioned Gunel Sadiyeva,
Integrated Tax Leader at PwC Azerbaijan.
The session was led by PwC tax and regulation professionals, together with
Gunel Sadiyeva, Javid Aliyev, Rufat Shahbazov and Tahmina Abbasova
within the Integrated Tax crew, Elnur Mammadov, Rena Hajiyeva and
Atakishi Nadirov within the Tax Reporting and Strategy crew, Narmin
Nasibova and Gulnar Zulfigarova within the Legal crew.
The occasion was attended by over 120 contributors throughout a various
vary of industries, together with CEOs, CFOs, tax, authorized and HR
managers. PwC’s Annual Tax and Legal Awareness Session is a
workshop designed to handle the tendencies and points within the space of
taxation and the rule of regulation in Azerbaijan. It is meant for the
representatives of all sizes of companies to alternate views on tax
and regulatory framework, measures.