Azerbaijan Brings Back Zero Level of Dividends Taxation
OREANDA-NEWS. March 29, 2011. Azerbaijan may bring back concessional (zero) level of individuals’ revenue taxation on investment securities.
Today Chairman of OJSC DemirBank’s Board Roman Amirjanov has reported in Baku that Azerbaijani Parliament is considering the issue of extending concessional taxation of dividends and deposit incomes for individuals for 2-3 years more.
It should be noted that benefits for dividends have no longer been valid for 2 years. At that the tax rate makes 10%.
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