Azerbaijan, UK Brainstorm Information Exchange In Taxation
Date
12/2/2024 5:21:20 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, December 2. Azerbaijan and
the United Kingdom have shot the breeze about sharing information
in the taxation arena, Trend reports, citing the State Tax Service under the
country's Ministry of Economy.
Deputy Head of the Service Samira Musayeva held a video
conference meeting with Angela MacDonald, Deputy Director General
of the UK's Her Majesty's Revenue and customs (HMRC).
“The meeting highlighted the importance of expanding cooperation
between the two agencies and expressed satisfaction with the
progress made through enhanced interaction.
The discussions focused on strategic goals in improving tax
administration and ongoing reforms aimed at developing a
sustainable economy. The participants also exchanged views on
collaboration mechanisms and joint efforts to improve the tax
environment.
Additionally, the International Tax Administration (IOTA)
addressed issues related to the priorities defined during
Azerbaijan's presidency and coordination within the
organization.
The meeting further covered the organization of practical
programs and the format for bilateral and multilateral cooperation.
The advantages of joint efforts to enhance transparency in the
global tax environment, promote effective cooperation, and reduce
tax evasion were also emphasized,” the State Tax Service said in a
statement.
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