AI will summarize what happened, why it matters and what it means for business.
In January-July of this year, buyers of real estate who paid for their purchases by cashless method in Azerbaijan were returned 20 million 16.3 thousand manats in VAT. This was reported by the State Tax Service.
Azerbaijan has continued the implementation of the project to return to individuals part of the VAT for residential and non-residential premises purchased by cashless method from persons engaged in the construction of buildings.
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BeforeEarlier
Azerbaijan launched a project to return part of VAT to individuals for residential and non residential premises purchased by cashless method from persons engaged in building construction.
Now
In January July of this year, Azerbaijan returned 20 million 16.3 thousand manats in VAT to individuals for cashless real estate purchases.
Next
The project is expected to continue with further payments.