The meeting of entrepreneurs, working in the regions, was held.

For the purpose of interpretation of the laws "On amendments to the Tax Code" and "On regulation of tax debts of taxpayers as of January 1, 2017", signed by the President of the Republic of Azerbaijan Mr. Ilham Aliyev, which entered into force on January 1, 2017, as well as for direct informing the entrepreneurs and businessmen, working in the regions, on the changes that have occurred in tax law, the Ministry of taxes started to hold meetings with taxpayers in the country regions. The meeting was held in Gabala together with entrepreneurs of Ismayilli, Gabala and Oghuz regions, being the part of the coverage area of Territorial Department of Taxes No.10. First of all, the participants of the event visited the park named after Heydar Aliyev and laid flowers to the monument of the National Leader. Head of the Department of Analysis and Forecasting of Social - Economic Development of the Gabala Region Executive Power - the Deputy Head of the Region Executive Power Arif Allahverdiyev, who opened the event, organized in Gabala Cultural Center, greeted the participants of the meeting, and spoke about the importance of the event. Then the floor was given to the Deputy Minister of Taxes Sahib Alakbarov, speaking at the meeting. According to the speaker, this year the Tax Code has been made very significant changes in terms of both volume and importance. It was noted that the main purpose of these changes is to create more favorable conditions for business development, in particular small and medium-sized businesses, to reduce the tax burden, to provide the greater protection of the rights of entrepreneurs, to increase the level of mutual trust between the tax authorities and business entities, to increase the number of non-cash transactions, to promote investments in the economy by improving the attractiveness of the tax environment, to create the fair and transparent accounting. Deputy Minister, said about the introduction of the new article in the Code in connection with the submission of electronic invoices to legal entities and private entrepreneurs, which are buyers of goods and services, from those involved in trade and public catering, the volume of taxable operations of which is more than 200,000 manats since April 1, 2017, and from all other taxpayers since January 1, 2018, and noted that these changes will provide simplification of transactions clearance procedures among entrepreneurs, maintenance of efficiency, reducing of administrative costs, prevention of disputes with the tax authorities in the future with the availability of the documents confirming business expenses, and transparency. S. Alakbarov, referring to the value of the law "On regulation of tax debts of taxpayers as of January 1, 2017", adopted at the initiative of the Head of State said that this law serves the improvement of the financial situation of entrepreneurs, preservation other means at their disposal, stimulation of the development of entrepreneurship and the formation of even more favorable business environment. The Deputy Minister noted that it is planned to implement the flat cancellation of all accrued interests on the accrued debts, and financial sanctions, calculated on the basis of Article 58.7 of the Tax Code, as well as the cancellation within the established conditions for other financial sanctions, he urged entrepreneurs to take an advantage of the opportunities created by this law to the greatest possible extent. Speakers at the meeting expressed gratitude to the head of state for the attention and care about them. In conclusion, the answers had been given to many questions of taxpayers who participated in the event.