Press Releases
Agreement in Principle on the Tax Convention between Japan and the Republic of Azerbaijan
The representatives of the Government of Japan and the Government of the Republic of Azerbaijan have agreed in principle on a new convention that replaces the current Tax Convention (Convention between the Government of Japan and the Government of the Union of Soviet Socialist Republics for the Avoidance of Double Taxation with respect to Taxes on Income), which entered into force in 1986. This current Tax Convention was succeeded after dissolution of the Soviet Union and is applicable between Japan and the Republic of Azerbaijan.
- The new Convention will reinforce or introduce provisions for the purposes of clarifying the scope of taxation in the two countries, eliminating international double taxation and preventing tax evasion and avoidance, and is expected to promote further mutual investments and economic exchanges between the two countries.
- The new Convention will be signed after the necessary internal procedures have been completed by each of the two Governments. Thereafter, the Convention will enter into force after the completion of the domestic process in both countries (in the case of Japan, approval by the Diet).
[Note] The new Convention will not affect the current Tax Convention (Convention between the Government of Japan and the Government of the Union of Soviet Socialist Republics for the Avoidance of Double Taxation with respect to Taxes on Income) applicable between Japan and some of the former Soviet Union countries other than the Republic of Azerbaijan.