{"id":3720,"date":"2023-10-27T15:26:22","date_gmt":"2023-10-27T11:26:22","guid":{"rendered":"https:\/\/www.macisconsulting.az\/?p=3720"},"modified":"2023-10-27T15:42:34","modified_gmt":"2023-10-27T11:42:34","slug":"points-to-be-considered-when-preparing-tax-reports","status":"publish","type":"post","link":"https:\/\/www.macisconsulting.az\/en\/vergi-hesabatlari-tertib-olunarken-diqqet-edilmeli-meqamlar\/","title":{"rendered":"Points to be considered when preparing tax reports"},"content":{"rendered":"

Imposition and collection of taxes is the main component of the financial activity, which consists of the formation, distribution and use of financial funds of the state and municipalities. The state of financial resources necessary and required to ensure the country's socio-economic development, security and defense capability directly depends on taxation.<\/em><\/p>\n

In this article, we will provide detailed information about the important points that you should consider when preparing tax reports, the submission of tax reports and your responsibility for legal violations that arise at this time.<\/p>\n

How are tax reports prepared?<\/h1>\n

Preparation of tax reports or declarations<\/strong> the procedure is determined by the Tax Code. In accordance with the legislation, if an independent auditor participates in the process of preparing a tax return of a taxpayer, he must sign the tax return, stamp it, and indicate his taxpayer's identification number.<\/p>\n

If the report is prepared by several developers, it is signed by the main developer. The tax report must be signed by the taxpayer or his authorized representative.\u00a0Taxpayer<\/strong>\u00a0reports that have been clarified or not submitted on time can be submitted to the taxpayer until the day of the mobile tax audit.\u00a0<\/em><\/p>\n

How is the deadline for paying taxes and filing tax returns determined?<\/h1>\n

Payment terms for each tax are determined by legislation. Changing this period is carried out only in accordance with the rules established in the Tax Code. Tax payment terms<\/strong> in case of violation, each taxpayer pays interest according to the rules established by the legislation. Tax payment periods are determined by the end of the period calculated in days, weeks, decades, months, quarters, calendar years or years, as well as by indicating the action to be taken or the event to occur.<\/p>\n

The taxpayer has the right to request the calculation of incorrectly collected interest, tax and financial sanctions, the return or compensation of the already paid amount within 5 years after the end of the tax reporting period.<\/p>\n

The term of submission of declarations<\/strong> It is different for each type of tax. For example, the excise tax declaration must be submitted no later than the 20th of the month following the reporting period. With the deadlines for submission of declarations to this link<\/a> you can get information by switching.<\/p>\n

In what cases is the tax report not accepted?<\/h1>\n

Only the calculated tax amount is paid to the budget according to the report submitted during the voluntary tax disclosure. If tax reports or declarations are not submitted on time, measures are taken by the tax authorities. The sending of reports in accordance with the electronic document form is carried out in the manner determined by the relevant executive authority.<\/p>\n

According to the AR Tax Code, the tax report is not accepted in the following cases:<\/p>\n