Azerbaijan and Saudi Arabia to sign agreement on avoidance of double taxation

Azerbaijan and Saudi Arabia to sign agreement on avoidance of double taxation

Today the Minister of Economy and Industry of Azerbaijan, Shahin Mustafayev said at the Azerbaijani-Saudi Arabia business forum that the countries are expected to sign agreements on avoidance of double taxation on income and property as well as tax evasion.

 

"Azerbaijan and Saudi Arabia closely cooperate today in international organizations. Trade relations play an important role in the development of bilateral relations," Trend quotes the minister as saying. 

 

He also said that the total amount of funds invested by Saudi Arabia into Azerbaijani economy amounts to $ 368 million.

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