Country Manuals Tax – CM Tax
We would like to inform you that BRP TAX has updated its Country Manual Tax for the following jurisdiction:
AZERBAIJAN (TIM)
The manuals have been aligned to take into account the evolving tax regulatory legislation relating to private banking clients holding bank accounts abroad:
Tax Investment Manual (TIM)
– The chapter of Basic Principles of the Azerbaijan Taxation is further developed with regard to the following sections:
• The Financial Income section is re-structured and a chart containing the general principles of taxation per income type and asset classes is integrated.
• New sections related to Exit Tax, Foreign currency control and Tax Amnesty Scheme are further added.
• A new Anti-avoidance rules section is included, with a larger scope that contains sub-sections referred to General Anti-avoidance rules, CFC rules, Business vehicles, and an update of the List of low tax jurisdictions and its tax consequences.
– The chapter of Tax suitability of financial instruments contains a more in-depth analysis in relation to derivative transactions and Investment Funds.
If these Tax Manuals are part of your subscription, you should now be able to access this new version on our Platform: https://mybrponline.com/ once you have logged in under the following search:
| Subscribed Tax Manual | Product | Document |
| Tax Country Manual Tax Investment Manual Tax Private Equity Manual Tax Tax Memorandum Tax Brief Behaviour Template Behaviour Template Short | Country Manual Tax Country Manual Investment Tax Country Manual Investment Tax Country Manual Tax Country Manual Investment Tax Country Manual Investment Tax | CM Tax RT CM InvTax RT CM InvTax PE CM InvTax Memo CM Tax RS CM InvTax BT CM InvTax BT Short |
| Please do not hesitate to contact us (info@brptax.com), should you require any further information. Best regards, Your BRP Tax Team |
Geneva, 29th July 2021