Azerbaijan and Singapore are preparing agreements on the avoidance of double taxation and the suppression of tax evasion. This was reported in the State Tax Service (STS) of Azerbaijan.
Discussions on the draft agreement took place in Singapore. The meeting was attended by representatives of the State Tax Service, the Ministry of Finance of Azerbaijan and experts from the Inland Revenue Authority of Singapore.
In particular, it was emphasized that the signing of the agreement would create mutually favorable investment conditions and would allow the formation of effective cooperation in the field of information exchange.
Azerbaijan and Singapore agreed to discuss the points of the agreement that remain open as soon as possible.
