The deadline for the fulfillment of the tax obligation in Azerbaijan can be extended up to 6 months instead of the previous nine, as reflected in the proposed amendments to the Tax Code.

According to the current legislation, the term for the fulfillment of the tax obligation can be extended from 1 to 9 months during the tax year.

In addition, by the decision of a higher tax authority, the agreed schedule for the fulfillment of the tax obligation may be increased up to 1 year, subject to gradual fulfillment and upon repayment of 75% of the debt during the provided grace period, or up to 2 years within the timeframes provided for in Article 85.10.2 of this Code.

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