The relevant draft proposes to reduce the VAT refund during cash transactions from 10 to 5 percent and increase it from 15 to 17.5 percent for cashless payments in order to promote non-cash transactions.
Source: trend.az
Latest Posts in "Azerbaijan"
- Comprehensive VAT Guide – Azerbaijan (2026)
- Azerbaijan Introduces Tax Incentives for Cashless Payments in Catering Sector from 2026
- Azerbaijan Doubles VAT Threshold for Cashless Businesses to Boost Electronic Payments
- State Tax Service Explains Lower VAT Base for Cashless Payments in Catering Sector
- Azerbaijan Introduces Mandatory VAT for Foreign Digital Service Providers and Marketplaces
