The Tax Code of the Republic of Azerbaijan

Article 207. Tax privileges
207.1. The following shall be exempt form the payment of tax on land:
207.1.1. commonly used land belonging to populated areas;
207.1.2. lands owned or used by government authorities and local management authorities, budget funded organizations, Central Bank of the Republic of Azerbaijan and its structures, financial market supervisory body and also the State Oil Fund of the Republic of Azerbaijan;
207.1.3. land pertaining to the State, forest and water reserves which is not attracted to economic activity, as well as land located under the Azerbaijani sector of the Caspian Sea;
207.1.4. state border lines and lands designated for defense purposes.
207.2. The amount of tax for lands owned by persons stipulated in article 102.2. of this Code, shall be reduced by 10 manats.
207.3. Legal entities andindividuals engaged inentrepreneurial activities withoutforming a legal entity,being a residentof industrialor technology parkscreated inaccordance with the decisionof the relevant executiveauthoritiesare exempt fromtax on land inthe industrial ortechnology parksfor 7years fromthe reporting yearof registration inthe industrialortechnology park in accordance with the law.

207.4. Management company oroperatorof industrial ortechnology parks, established in accordance with the decision ofthe relevant bodyof executive powerare exemptfrom paying taxes onland using in theindustrial or technology parks.

207.5. The relevant land owned or used by the legal persons and individual entrepreneurs who have received investment promotion certificate are exempt from land tax within 7 years by the receipt date of that document. 
Article 208. Procedure for the calculation and payment of tax on land
208.1. The land tax shall be established on the basis of documents that confirm the right of ownership and use of lands. For lands with located structures and facilities as well as plots necessary for sanitary protection of facilities the land tax shall be paid.
208.2. Enterprises shall annually calculate tax on land on the basis of the sizes of the land spot and the tax rates, and submit such tax returns to tax authorities not later than May 15 of each year. The amount of land tax paid in such manner shall be included in deductions from income that shall not be limited by article 119 of this Code.
208.3. Relevant agencies shall calculate tax on land on physical persons annually before July 1 of and submit the payment notifications not later than August 1.
208.4. for land plots intended for placement of structures owned by the number of legal or natural persons, the tax shall be calculated separately, proportional to areas of structure owned by such parties.
208.5. Tax shall be paid, in equal portions, before August 15 and November 15. If the land tax was not paid by previous owner of the land, it shall be paid by the new owner of land plot by the date established in this Article.
208.6. Enterprises shall pay the tax on land to the state budget and natural persons to the local (municipal) budget.
208.7. Amount of land tax calculated for land used by natural persons for the purposes of entrepreneur activities as well as land owned by legal entities, shall be considered as deductions from profits, not limited by Article 119 of this Code.(21)