Azerbaijan to implement taxes on TikTok content revenue and develop crypto tax regulations.

Azerbaijan is nearing completion of negotiations to tax revenue from TikTok content monetization, as stated by Fariz Jafarov of the Fourth Industrial Revolution Analysis and Coordination Centre. This initiative is part of a broader strategy to regulate the digital landscape, enhance national business competitiveness, and support small and medium-sized enterprises. The government is also developing tax regulations for cryptocurrency to integrate it into the formal economy.

September 10, 2024
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