Azerbaijan charts path to tax efficiency on gas production with Uzbekistan

Azerbaijan charts path to tax efficiency on gas production with Uzbekistan

BAKU, Azerbaijan, June 25. Azerbaijan and
Uzbekistan wove together their thoughts on the intricate tapestry
of tax efficiency, exploring the currents of gas production, the
alchemy of processing, the pathways of transportation, and the
marketplace of retail sales, alongside other shared interests,
Trend reports via
the State Oil Company of Azerbaijan (SOCAR).

Specifically, Vice President of SOCAR Zaur Gurbanov met with
Chairman of the State Tax Committee of Uzbekistan Sherzod Kudbiyev
during his visit to Azerbaijan on the sidelines of the technical
session of the 29th General Assembly of the Intra-European
Organization of Tax Administrations (IOTA).

The meeting deliberated on the ramifications of diverse
operational frameworks on the fiscal paradigm, drawing insights
from SOCAR’s empirical data, while also emphasizing the sustained
synergy in the realm of experiential knowledge transfer.

Throughout the discourse, perspectives were articulated regarding
fiscal optimization in hydrocarbon extraction, refinement,
conveyance, and merchandising, alongside various topics of
reciprocal significance.

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