16:44 - 12.01.2024
January 12, Fineko/abc.az. The Roadmap for 2022-23 for improvements in the relevant area relating to the taxation indicator of the World Bank Group's Favorable Business Environment Project, approved by the Commission on Business Environment & International Ratings, provides for optimization of the amount of social insurance contributions paid by individuals with low turnover.
ABC.AZ reports with reference to the press service of the State Tax Service that the latest amendments to the Tax Code established that in order to ensure the continuity of the activities of microenterprise entities and compensate for the burden of social insurance at the expense of the state budget, 25% of the amounts of social insurance contributions paid by them are deductible from the amount of tax payable to the State Budget.
