Tag: Azerbaijan
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Country-by-Country Reporting (CbCR) Regulation in Azerbaijan
Azerbaijan has implemented Country-by-Country Reporting (CbCR) requirements in accordance with OECD’s BEPS Action 13 and its commitment to international tax transparency. The State Tax Service of Azerbaijan (STS) under the Ministry of Economy oversees CbCR compliance, ensuring that multinational enterprises (MNEs) operating in Azerbaijan adhere to global reporting standards. This guide provides CFOs and tax…
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How CbC reporting is presented in Azerbaijan
Country-by-Country (CbC) reporting is a regulatory requirement implemented by the Organisation for Economic Co-operation and Development (OECD) under the Base Erosion and Profit Shifting (BEPS) Action Plan. The CbC reporting framework is designed to improve transparency in international tax matters and help prevent multinational corporations from shifting profits to low-tax jurisdictions. In Azerbaijan, CbC reporting…
