- Azerbaijan will implement tax-free VAT refunds for medical services provided to foreigners and stateless persons
- The amendments to the Tax Code were approved by President Ilham Aliyev
- VAT refunds will be processed according to procedures set by the relevant executive authority
- The initiative aims to promote medical tourism and attract foreign currency
- Similar VAT exemption practices are observed in several other countries
- The law is set to be effective from January 1, 2025
- The draft law was approved in the third reading
Source: en.apa.az
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.