World Bank: Azerbaijan has improved tax administration system
Baku, February 10 (AZERTAC). Azerbaijan has improved tax administration system, said World Bank (WB) Country Manager for Azerbaijan, Joseph Owen.
Owen underlined that implementation of the one stop shop system simplified business start-up and decreased costs. The WB and International Finance Corporation (IFC) also made contributions in this direction.
WB representative stressed that introduction of the online tax declaration created `good` opportunities for individual persons and legal bodies.
The fourth article of the International Monetary Fund (IMF) report says that Azerbaijan has increased its ranking among the middle and high income countries, and non-oil sector indicators.
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