Home Latest News ATTENTION: 50 percent of VAT paid to some businesses can be refunded

ATTENTION: 50 percent of VAT paid to some businesses can be refunded

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ATTENTION: 50 percent of VAT paid to some businesses can be refunded

50% of VAT paid can be refunded in connection with theatrical performances, film screenings, museum visits and concerts of symphony orchestras in Azerbaijan.

“Informe” reports that this was reflected in the draft amendment to the Tax Code.

Additionally, according to the change, theaters, museums and symphony orchestras, as well as film companies and film producers that are registered in Azerbaijan and carry out film productions and dubbing, are exempt from land tax for a period of five years starting in January. . 1 next year for the land they use for that activity.

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