- State Tax Service returns 30% of VAT paid in cashless form when buying real estate
- “VAT refund” project successfully implemented in real estate sector
- Citizens actively participate in the process of returning part of VAT paid for residential and non-residential properties
- Project aims to promote transparency in economy, accurate reporting of transactions, and encourage cashless financial operations
- Social circle prepared regarding the innovative project to ensure public participation
- 30% of VAT paid in cashless form returned to citizens when buying real estate by individuals engaged in building construction activities
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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