According to Clause 8.3 of the Transfer Pricing and Application Rules, approved by the Resolution No. 1717050000006200 of the Board of the Ministry of Taxes of the Republic of Azerbaijan dated January 27, 2017 and included in the Register of Regulatory Legal Acts of the Ministry of Justice, if the tax authorities have access to the databases of specialized international agencies to find comparable transactions for transfer pricing, they shall take the necessary measures to inform taxpayers on that matter. In this regard, the Ministry of Taxes of the Republic of Azerbaijan has signed an Agreement with Thomson Reuters to gain access to its database.

In this regard, the Ministry of Taxes of the Republic of Azerbaijan has signed an Agreement with Thomson Reuters to gain access to its database.