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Azerbaijan Hosts OECD Workshop

Tatiana Smolenska, Tax-News.com, Moscow

28 June 2013


Starting on June 10, 2013 a five-day workshop on auditing multinational enterprises was hosted in Baku, Azerbaijan by the Organization for Economic Cooperation and Development (OECD) and the Ministry of Taxes.

The workshop was attended by representatives of the OECD Secretariat, as well as experts from the tax authorities of the Netherlands and Sweden, and tax officials from Azerbaijan, Turkey, Belarus, the Netherlands, Sweden, Ukraine and Georgia.

At the opening of the workshop Azerbaijan's deputy minister of taxes noted that the rapid expansion of multinational companies in this era of globalization makes it necessary to conduct audits to determine their correct tax burden. He said that it is important to coordinate the work of tax authorities in order to minimize taxes and to strengthen efforts in the fight against tax evasion and the exchange of experience and information.

On June 11, 2013 Azerbaijan released its tax statistics for the period from January to May. The government collected AZN2.9bn (USD3.67bn) in tax revenue. Non-oil sectors contributed AZN1.5bn.

TAGS: tax | Netherlands | Organisation for Economic Co-operation and Development (OECD) | audit | Azerbaijan | Belarus | Georgia | Sweden | Turkey | Ukraine

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