Azerbaijan Mandates Cashless VAT Payments for High-Volume Taxpayers and Municipal Collections

Azerbaijan changes rules for cashless VAT payments for certain taxpayers
Taxpayers with taxable transactions over 200,000 manats in a month must make non-cash payments for settlements exceeding 2 percent of the previous month’s turnover
Change applies to trade and public catering activities
Other taxpayers must make non-cash payments for settlements over 15,000 manats in a month
Payments to municipalities will be monitored for non-cash compliance
If 2 percent of the previous month’s turnover is less than 30,000 manats, non-cash payments are required for settlements over 30,000 manats
If this indicator exceeds 50,000 manats, non-cash payments are required for settlements over 50,000 manats
Legal Department to submit decision to Ministry of Justice for legal inclusion within 3 days

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.