(MENAFN- Trend News Agency) BAKU, Azerbaijan, July 15. The first round of
negotiations on a draft agreement between the government of
Azerbaijan and the Hong Kong Special Administrative Region of China
on the elimination of double taxation and the prevention of tax
evasion was held on July 11-13 in Hong Kong, trend reports.
According to the data of the State Tax Service under the
Ministry of Economy of Azerbaijan, as a result of the discussions,
all provisions of the draft agreement in terms of taxation were
fully agreed upon, and a decision was made to conduct appropriate
mutual work to agree on the remaining issues.
In the end the parties signed a document on agreed issues.
Previously, Azerbaijan and Slovakia signed an agreement on the
avoidance of double taxation and the prevention of income tax
evasion. Double taxation between Azerbaijan and Japan has also been
eliminated.
Currently, Azerbaijan, Türkiye and Singapore are discussing
elimination of double taxation.
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