The Azerbaijan State News Agency

OFFICIAL DOCUMENTS

LAW OF AZERBAIJAN REPUBLIC
ON PROLONGATION OF THE PERIOD OF VALIDITY OF THE LAW OF AZERBAIJAN REPUBLIC “ON ESTABLISHING PRIVILEGES ON TO STOP INCOME TAX FROM THE AMOUNT PAID BY BANKS AND OTHER CREDIT ORGANIZATIONS FOR THE BANK DEPOSITS OF POPULATION AS WELL AS ON SHARE DIVIDENDS AN INTERESTS ON INVESTMENT SECURITIES”

The Milli Majlis of Azerbaijan Republic resolves:

1. Period of validity of the Law of Azerbaijan Republic “On establishing privileges on to stop income tax from the amount paid by banks and other credit organizations for the bank deposits of population as well as on share dividends an interests on investment securities” (Resolves, 2001, #12, Article 735) to prolong till 1 January 2007.

2. The Law comes into effect from 1 January 2004.

Ilham Aliyev,

President of Azerbaijan Republic

Baku, 28 November 2003

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