Azerbaijan has announced that the first round of negotiations for a new income tax treaty with Kazakhstan concluded on 2 May 2025.

Both countries have mutually agreed upon most provisions of the treaty. The agreement focuses on the elimination of double taxation and the prevention of tax evasion related to income and property taxes between Azerbaijan and Kazakhstan.

The treaty must still undergo finalisation, signing, and ratification before it can take effect. Once implemented, it will replace the existing tax treaty signed in 1996 between the two countries.

Earlier, Azerbaijan and Kazakhstan initiated the first round of talks for a new income tax agreement on 29 April 2025.