Azerbaijani president approves draft law on ‘tax amnesty’

In accordance with the law, two types of tax liabilities will be written off: all the interest accrued for non-payment of the debt and a part of the financial sanctions

- If 30 percent of a financial sanction is paid in January 2017, the remaining 70 percent of the sanction will be written off.

- If 50 percent of a tax penalty is paid in January-February 2017, the remaining 50 percent of the sanction will be written off. 

- If 70 percent of a financial sanction is paid in January-March 2017, the remaining 30 percent of the sanction will be written off.