Internet marketers of Azerbaijan will receive the VAT?

Next year, the Ministry of Taxes and Levies of the Republic of Azerbaijan plans to strengthen fiscal control over the online stores. Experts say that the local system of value added tax should be revised to set the lower limit of the VAT for members of the ICT sector. According to Vugar Bayramov, chairman of the Republican Center for Economic and Social Development, the development of the ICT sector is a priority in Azerbaijan. "In this regard, may exempt from VAT activities in the field of ICT, as well as in electronic commerce", - says the expert. Speaking of the ridge changes in the taxation of electronic commerce in Azerbaijan, officials say - the volume of e-commerce in the country is gradually increasing and now through the Internet you can buy virtually any product or service. As stated Vusal Shikhaliyev, head of the General Directorate for Tax Policy and Strategic Studies of the Ministry of Taxes of Azerbaijan, the establishment of the legal framework for the introduction of VAT in e-commerce in 2011.