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Description
On 19 January 2016, the government of Azerbaijan imposed a 20 percent tax on outflows of foreign currency related to direct investments, as well as to purchase of real estate or securities abroad.
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Intervention Details
Intervention Type
Controls on commercial transactions and investment instruments
MAST Chapter
Capital control measures
Implementation date
19 Jan 2016
Revocation date
No revocation date
Implementation level
National
Affected flow
Outward
Announced as temporary
No
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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