Azerbaijan and UK Advance Dialogue on Double Taxation Elimination Agreement

Baku:Further discussions have been held between Azerbaijan and the United Kingdom on a new draft Convention aimed at eliminating double taxation and preventing tax evasion concerning income and capital gains. The meeting was attended by delegates from Azerbaijan's State Tax Service and representatives from the UK's Tax and Customs Administration.

According to Azeri-Press news agency, the parties exchanged views on various provisions of the draft Convention. Orkhan Musayev, Head of the Main Department of International Taxation and Tax Monitoring of the State Tax Service, highlighted the Convention's role in enhancing bilateral economic relations and promoting business partnerships.

Both sides acknowledged the importance of improving joint activities to increase the efficiency of tax administration. The discussions took place in a constructive atmosphere, emphasizing mutual understanding and cooperation in developing taxation cooperation and improving the existing legal framework.