The Parliament of Azerbaijan discussed amendments to the Tax Code during a meeting on Feb. 23, Trend reports.
Chairman of the Parliament’s committee on economic policy, industry, and entrepreneurship, Tair Mirkishili, noted that many proposals on amendments to the Code put forward earlier by the MPs were taken into account.
The proposals put forward are as follows: the extension of the period for exemption from VAT on the import and sale of grain, as well as the production and sale of wheat flour and bread from 5 to 7 years (from January 1, 2017), the period for exemption from VAT on the production and sale of bran – from 3 up to 5 years (from March 1, 2019).
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