Azerbaijan Engages In Negotiations With Switzerland To Enhance Tax Cooperation
Date
1/30/2025 9:07:05 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, January 30. A discussion
revolved around bolstering the partnership between the State Tax
Service under the Ministry of Economy of the Republic of Azerbaijan
and the federal Tax Administration of Switzerland, Trend reports via
Azerbaijan's State Tax Service.
According to the information, the discussion was held during the
meeting of the head of the State Tax Service, president of the
European Organization of Tax Administrations (IOTA) Orkhan Nazarli
with Director General of the Swiss Federal Tax Administration
Tamara Pfammatter in video format.
The meeting discussed the priority areas of development of
bilateral relations and opportunities to strengthen partnerships
and promote international cooperation. The parties exchanged views
on the diversification of joint activities within the framework of
IOTA, as well as on the exchange of experience and identification
of new opportunities for cooperation in the tax sphere at the
bilateral level.
The meeting took a hard look at proposals aimed at broadening
IOTA's reach and bolstering its financial stability. The
initiatives, strategic development plans, and future prospects
carried out by the State Tax Service under the organization's
leadership were on the table for discussion.
Moreover, it was highlighted that bolstering connections is
crucial for both nations regarding the evolution of their tax
systems, enhancement of economic practices, and the investment
environment. The meeting highlighted the need to tap into our
current capabilities to foster collaborative efforts in tax
administration while also touching on other areas of shared
concern.
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