- The VAT deposit account is created for the purpose of collecting and automating the control of additional value tax payments.
- It is designed to prevent the evasion of VAT payments.
- The account aims to streamline and automate the process of VAT collection and monitoring.
Source: taxes.gov.az
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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