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LAW OF THE AZERBAIJAN REPUBLIC

of June 10, 2011 No. 161-IVQD

About modification in Tax the Code of the Azerbaijan Republic

Millie Majlis of the Azerbaijan Republic being guided by the 15th Item I of part 94 articles of the Constitution of the Azerbaijan Republic decides:

Bring in the Tax Code of the Azerbaijan Republic (Collection of the legislation of the Azerbaijan Republic, 2000, No. 8, the I book, Article 583; 2001, No. 7, Article 454, No. 9, Article 576, No. 12, Article 734; 2002, No. 5, Article 249, No. 12, Article 707; 2003, No. 8, Article 425, No. 12, I book, Article 671; 2004, No. 1, Article 1, No. 11, Article 887, No. 12, Article 980; 2005, No. 2, Article, 61, No. 8, Article 688, No. 12, Article 1081; 2006, No. 12, Articles 1005, 1026; 2007, No. 1, Article 4, No. 6, Article 597, No. 12, Article 1192; 2008, No. 7, Article 602, No. 11, Article 960; 2009, No. 7, Article 506; 2011, No. 1, Article 14) following changes:

1. add Article 106.1.9-106.1.11 of the following content:

"106.1.9. asset cost, donated according to the decision of the legal entity from its own balance or one of the resident affiliated enterprises which are in its complete property on balance of another in the cases established by relevant organ of the executive authority;

106.1.10. the cost of the fixed assets donated according to the decision of relevant organ of the executive authority from balance of one legal entity on balance of other person;

106.1.11. transactions on representation in this or that form to the party representing the Azerbaijan Republic in agreements on investigation, development and the equity Section of production of oil and gas resources, export pipelines and other similar agreements, fixed assets, personal estate and other assets according to these agreements;";

2. add Article 122.3 of the following content:

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