Baltic States – CIS, Financial Services, Legislation, Lithuania, Taxation

The document will extend cooperation between the two states in the tax sphere. It will aid the Azerbaijani-Lithuanian inter-governmental commission, writes LETA/ELTA.

Lithuania, as a member of the EU, may help Azerbaijan improve its tax legislature and administration. The deal will help them fight international tax evasion.

Kasiliauskas arrived in Baku to negotiate tax cooperation and exchange experience. The sides discussed expansion of the legal basis and activation of cooperation.

The guests observed the work of the Azerbaijani tax service, the single-window system and the telephone service of the ministry. A presentation of the Azerbaijani tax system was held.

According to the Azerbaijani Statistics Service, trade turnover between the two states exceeded $28 million in 2010. Azerbaijani imports from Lithuania exceeded $26 million, exports were around $2 million.