ECONOMY
Azerbaijan, Lithuania ink tax cooperation agreement
Baku, May 5 (AZERTAC). Tax Ministry of the Azerbaijan Republic and the State Tax Inspectorate under the Finance Ministry of Lithuania Thursday have signed an agreement on technical cooperation.
The Agreement was signed by tax minister Fazil Mammadov (Azerbaijan) and head of the Tax Inspectorate under the Finance Ministry of Lithuania Modestas Kaseliauskas.
As is stated, signing of agreement on cooperation between tax administrations of both countries have great importance for expansion of bilateral cooperation in taxation field. The Agreement will promote efficiency of activity of the Azerbaijan-Lithuania inter-governmental commission, as well as from the point of view of development of international relations in the field of taxation.
The Agreement will also enable exchange of experience between Azerbaijan and Lithuania, a EU member country, to improve tax legislation and tax administration.
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