The Tax Code of the Republic of Azerbaijan

Article 195. Electronic tax invoices
195.1. Subject to the provisions Article 195.3. of this Code, taxpayers supplying excisable goods shall write out and issue electronic tax invoices to the receivers of the goods in accordance with the existing instructions.
195.2. A electronic tax invoice shall be an invoice drawn up in the pro-forma established by the relevant central executive authorities and reflecting such information as stipulated in Article 176.2. of this Code.
195.3. When goods are supplied on a retail basis simplified invoices may be used instead of electronic tax invoices.Receipts, checks, unduly drafted electronic taxinvoices, documents, issued for cashtransactions,can not serve asthe basis forreimbursementof excise dutyfor purposes of Article189 of thisCode,and regardless of theprovisions contained inother articles of thisCode.made reimbursement is recognizedas invalid.
Chapter XIII. Property Tax
Article 196. Taxpayers
The payers of property tax are the physical persons and enterprises specified in article 197 of this Code being the objects of taxation.
Article 197. Taxable base
197.1. Following shall be a taxable base:
197.1.1. The value of buildings and their parts (hereinafter referred to as buildings) as personal property of resident or non-resident physical person in the Republic of Azerbaijan, as well as value of automobiles and moving equipment (hereinafter referred to as transport means), any water and air transport facility owned by a physical person, irrespective of where they are located and whether or not they are used;
197.1.2. transport means on the balance of enterprises;
197.1.3. average annual value of fixed assets on the balance of enterprises;
197.1.4. for enterprises-non-residents, carrying out the business activity by permanent representation in the Republic of Azerbaijan, - only the average annual value of fixed assets connected with permanent representation.
197.2. The value of the assets that constitute a taxable base and are accumulated by enterprises for carrying out a joint activity without creating a legal entity shall be included in the tax return for the purpose of taxation by the joint activity participants consolidating such assets. The value of the fixed assets created (acquired) as a result of the joint activity shall be included in the tax return in accordance with the participating shares in the property determined under contract by the joint activity participants.