A new tax incentive is being established for hotel and sanatorium activities

A new tax incentive is being established for hotel and sanatorium activity. This was published in APA's economy section.

The specific content of the incentive, which tax it applies to, the date of entry into force and the business categories it covers have not yet been disclosed.

Hotel and sanatorium activity is a direct part of the tourism and public catering chain in Azerbaijan: hotels, guest houses and sanatoriums affect both the flow of guests and the workload of nearby catering establishments. Changes in tax conditions affect the investment and pricing decisions of these establishments.