Azerbaijani President establishes tax exemptions for COP29 participants starting March 2024.
Azerbaijani President Ilham Aliyev has signed a decree establishing tax incentives and VAT benefits under COP29. Incomes of non-resident individuals involved in COP29-related activities in Azerbaijan will be exempt from income tax for nine months starting March 1, 2024. The decision comes as Azerbaijan hosts the 29th session of the UN Framework Convention on Climate Change.
June 06, 2024
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