Baku, Azerbaijan, April 24. The number of
commercial entities engaged in tax operations in Azerbaijan exceeds
12,000, Chairman of the Public Council under the Small and Medium
Business Development Agency (KOBIA) Samir Abdullayev said during a
public discussion titled “The Role of Trade Networks in the Market
Economy: Opportunities and Perspectives”, Trend reports.
According to him, it’s more challenging to tax individual
commercial entities compared to taxing trade networks.
“In this regard, the development of trade networks plays an
important role in tax collection. In the 2024 year-end report by
the State Tax Service, trade networks were prominently represented
among the top 300 taxpayers. Trade networks act as a driving force
in ensuring tax transparency. The transparency of trade networks is
an indicator of the overall transparency of the economy,” he
added.
The public discussion was organized by KOBIA and the State
Agency for Antimonopoly and Consumer Market Control. The event was
attended by representatives of relevant state institutions,
entrepreneurs, and media representatives.
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