Azerbaijan, Spain to eliminate double taxation
By Trend
Azerbaijan and Spain will eliminate double taxation, starting from since 2022, Trend reports referring to the State Tax Service under Azerbaijani Ministry of Economy.
According to the service, signing of the convention on the double taxation avoidance between the two countries was signed on April 23, 2014.
"The document entered into force on January 13, 2021. The convention’s application will begin since January 1 next year," the service said.
It’s expected that this document will contribute to the intensification of ties between the Azerbaijani and Spanish business structures, especially, the small and medium-sized entreprises. The local entrepreneurs will be allowed to establish joint ventures with foreign partners by attracting their investments, added the service.
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!