Milli Majlis deprived Major income municipalities

At the plenary session of the Milli Majlis held on November 17th received a bill in the first chief, aimed at imprisonment of local self-government bodies of one of four local taxes.

According to Turan, parliamentarians voted for the exception of the AR “on local (municipal) taxes and fees” commercial tax on building materials of local importance. Only brick-tiled clays, building sands, gravel raw materials treated these building materials. Tax on these building materials is 1 manat for 1 cubic meter.

Thus, after the entry into force of this draft law from January 2022, all two effective tax sources remain in the Arsenal: Taxes from individuals to Earth and property (residential and non-residential area, motor boats and aircraft). Municipal taxes also include tax on the profits of municipal enterprises. However, a minor number of enterprises and objects, which, judging by the reports, do not bring any income, transferred to the municipal property.

In 2020, the cumulative amount of commercial tax on building materials amounted to less than 1 million manat, by 19% less than in the previous year.