Azerbaijan, Latvia Sign Memorandum On Tax Information Exchange
Date
1/16/2025 8:13:26 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, January 16. A Memorandum of
Understanding (MoU) was signed between the Ministry of Economy of
the Republic of Azerbaijan and the State Revenue Service of the
Republic of Latvia on exchange of information and assistance in the
recovery of tax claims, Mikayil Jabbarov, Azerbaijan's Minister of
Economy, said in a post on his official X page, Trend reports.
“During our meeting with Edgars Skuja, Ambassador of Latvia to
Azerbaijan, we discussed ways to strengthen economic relations
between our two countries.
As part of the meeting, a Memorandum of Understanding was signed
between the Ministry of Economy of the Republic of Azerbaijan and
the State Revenue Service of the Republic of Latvia on exchange of
information and assistance in the recovery of tax claims.
The implementation of this memorandum will stimulate effective
cooperation and information sharing between the tax authorities of
Azerbaijan and Latvia,” the publication reads.
To note, Azerbaijan acknowledged Latvia's independence on August
30, 1991. Latvia recognized Azerbaijan's independence on January 8,
1992. Azerbaijan and Latvia established diplomatic relations on
January 11, 1994. Azerbaijan and Latvia enjoy excellent relations
in all fields. The two countries maintain political interaction
through high-level reciprocal visits.
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