Taxes Minister: Debt of tax payers decreased by 39.8%

Taxes Minister: Debt of tax payers decreased by 39.8%
The legal entities will make tax reports via an electronic system starting from January-March 2012.

The statement came from Taxes Minister Fazil Mammadov in his remarks during the debates on the draft 2012 state budget. The minister said he has signed two orders on this matter.

Upon another order issued by the minister, the registration of cash registers will also be switched into electronic system.

During global financial crisis, no work place was shut down in Azerbaijan, said the Minister. He says 71,000 work places were launched in Azerbaijan, in this circumstance.

According to him, the funds transferred from the regions into state budget are expected to reach 14.4%.

At the same time, the debt of tax payers decreased by 39.8% to AZN 1.807 bln.

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