The Objective of the Project is to support the Ministry of Taxes of the Republic of Azerbaijan in aligning Transfer Pricing legislation with European standards and establish resources for best practice auditing processes.
The following Mandatory Results are to be achieved by the end of the project:
Result 1: Effective transfer pricing legal framework is developed in line with best EU
Result 2: “Advance Pricing Agreements” system in the field of transfer pricing is developed.
Result 3: Setting up the administrative supervisory mechanisms in the field of transfer pricing regulation in compliance with the EU standards and increase an institutional capacity of MoT in this area.