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Azerbaijan to reinstate income tax on non-oil wages Jan 1, 2026, as part of budget reforms.
Azerbaijan plans to reinstate income tax on non-oil private sector wages starting January 1, 2026, after a temporary exemption, citing progress in formalizing the labor market and stronger tax administration.
The 2026 state budget projects $12.52 billion in tax revenues, a 6.1% rise, with a shift toward non-oil sources as oil and gas income declines.
Strategic foreign exchange reserves reached $82.5 billion by October 2025, supporting macroeconomic stability.
The budget includes increased spending on defense, social programs, infrastructure, and restoration of liberated areas, while addressing revenue calculation discrepancies flagged by the Accounts Chamber.
Azerbaiyán restablecerá el impuesto sobre la renta en los salarios no petroleros el 1 de enero de 2026, como parte de las reformas presupuestarias.