The Cabinet of Ministers has made changes to its decision dated October 11, 2018, “On the Approval of the Unified Budget Classification”.
Modern.az reports that, in this regard, Prime Minister Ali Asadov has signed a new decision.
According to the decision, profit, land, property, and value-added tax for persons operating in the oil and gas sector, whose shares and stakes, at least 51% of which, are directly or indirectly owned by the state, as well as the profit tax of contractor parties under production sharing agreements related to oil and gas and other activities, have been included in the classification of budget revenues.
Furthermore, revenues from the sale of specially confiscated property transferred to state ownership based on a court decision that has entered into legal force, the issuance of permits to operators for international cargo and irregular passenger transportation by road between Azerbaijan and foreign countries, the issuance of permits for taxi order operator activities, technical inspection of vehicles when changes are made to their technical registration indicators or at the request of the vehicle buyer, and payments for the issuance of permits for the movement of oversized and heavy vehicles on public roads have also been included in the classification of budget revenues.
Revenues from the sale of specially confiscated, confiscated, ownerless, and inherited property and treasures transferred to state ownership by state bodies are regulated by relevant legislative acts.
