Azerbaijan, UK hold talks on draft double taxation convention
Baku, November 3, AZERTAC
A further round of negotiations has been held on a draft convention between Azerbaijan and the United Kingdom on the avoidance of double taxation with respect to taxes on income and the prevention of tax evasion.
The meeting brought together representatives of Azerbaijan’s State Tax Service and authorized officials from the UK’s HM Revenue and Customs (HMRC). The discussions focused on the main provisions of the draft convention.
Orkhan Musayev, Head of the International Taxation and Tax Monitoring Department at Azerbaijan’s State Tax Service, emphasized the importance of the convention in strengthening bilateral economic relations and promoting business partnerships.
The parties also highlighted the importance of joint efforts to improve the efficiency of tax administration.
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