Foreign tax relief
The amount of income tax paid outside Azerbaijan on income not connected with an Azerbaijan source is accounted for at the time of payment of Azerbaijan income tax. The accounted amount may not exceed the tax amount computed under the effective tax rates on such income in Azerbaijan. This credit applies only to residents of Azerbaijan.
Azerbaijan has double tax treaties (DTTs) with the following territories:
|Bosnia and Herzegovina||Iran||Montenegro||Sweden|
|Denmark||Korea||Qatar||United Arab Emirates|
|Estonia||Kuwait||Romania||United Kingdom and Northern Ireland|