Azerbaijan has declared its tax policy priorities for the next 3 years which are presently being considered by the Azerbaijani parliament. The country intends to improve the tax system by introducing 7 new types of taxes, along with a real estate tax. In Accordance with the declaration, net taxes on imports and products are forecasted to account for 7.6% of Azerbaijan’s GDP in 2017, up from 6.1% in 2012. The real growth in net taxes is forecasted to be 7.9% in 2013, 9.6% in 2014, 8.4% in 2015, 8.8% in 2016, and 8.4% in 2017.
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