Kazakhstan, Azerbaijan discuss joint projects for digitalizing tax administration (Exclusive)

 The prospects for advancing tax administration through bilateral cooperation between Kazakhstan and Azerbaijan appear very promising, said Kairat Dzhumagulov, Deputy Chairman of Kazakhstan’s Committee for State Revenues, in an interview with Trend.

He highlighted the significant potential for enhancing collaboration in several key areas.

"First and foremost, expanding automatic information exchange is a priority. Implementing technologies like the Common Reporting Standard (CRS) will allow us to quickly exchange data on taxpayers’ financial accounts. This will increase transparency and significantly reduce the risk of tax evasion," Dzhumagulov explained.

He also underscored the importance of joint projects focused on the digitalization of tax administration. "We’re ready to share our experience in deploying digital platforms and tools that have already proven effective in Kazakhstan, and to learn from Azerbaijan’s best practices. Working together in this area will help us achieve high standards in managing tax processes more swiftly," he added.

Training and knowledge exchange also play a crucial role in strengthening bilateral cooperation. "Regular seminars, training sessions, and working meetings between specialists from our tax authorities will enhance staff qualifications and improve the quality of administration," Dzhumagulov noted.

Furthermore, he stressed that one of the main goals is to improve the legal framework. "We’re eager to collaborate on harmonizing tax legislation. This will help address any gaps and create a more favorable environment for business and investment," he concluded.