AmCham Tax and Customs Committee’s May Meeting
On May 17, 2022, AmCham Tax and Customs Committee hosted its monthly meeting. Invited guest speakers of the meeting were Mr. Rashad Abdurahmanli, Tax BPS Manager at Deloitte Azerbaijan and Ms. Gunel Sadiyeva, Senior Tax Manager at PwC Azerbaijan.
The meeting was dedicated to the following items:
- Update on new tax reporting forms;
- Survey on tax audits;
- Topics for the upcoming tax conference;
- Survey on the impact of the Russia – Ukraine conflict to the business.
The meeting was opened by a welcome speech of Tax & Customs Committee Chairperson Mr. Jeyhun Mammadov who gave a brief foreword of the meeting and announced the agenda.
In the first part of the meeting, Mr. Rashad Abdurahmanli delivered a comprehensive presentation on new tax reporting forms. Afterwards, Mr. Abdurahmanli answered relevant questions of the meeting participants.
In the second part, Ms. Gunel Sadiyeva presented AmCham Azerbaijan and PwC Azerbaijan joint Survey dedicated to tax audits. Following the presentation, it was agreed to distribute the survey among the members of the Chamber.
Furthermore, Mr. Jeyhun Mammadov raised a discussion on the possible topics for the upcoming AmCham Tax Conference. Considering the views and proposals of the meeting participants, a few topics were nominated for the conference. It was decided to make a final selection once all the proposals are received from the AmCham members upon the deadline on May 26, 2022. Relevant topics for the tax conference can be sent to email@example.com.
In addition, Mr. Mammadov shared the results of the survey on the impact of the Russia – Ukraine conflict to the business. To acquire more accurate results depicting a real picture of the issues aroused among businesses by the conflict, it was agreed to redistribute the survey once again to AmCham membership.
At the end of the meeting, participants were actively involved in a Q&A session with the speakers, sharing their concerns and views.
BFI Committee`s February Meeting
On February 6, AmCham hosted BFI Committee`s Meeting.BFI Chairperson, Mrs. Aytan Rustamova, opened the meeting by welcoming members, guest speakers Sanan Hasanov (Demir Bank) and Nazim Mammadov (Alliance Group LLC) as well as informing the committee members on the achievements & challenges of the past year.Within the first part of the meeting Committee Chairperson passed the floor to the guest speaker of the meeting, Mr. Sanan Hasanov, the representative of Demir Bank who delivered a report on “EnergoCredit”, the collaborative project of European Bank for Reconstruction and Development (EBRD) with Demir Bank. The presentation was followed by Q&A session.Short bio of our guest speaker:Mr. Hasanov holds a master of Finance from Azerbaijan State University of Economy. He is currently working for DemirBank OJSC as Marketing Director. He has more than 10 years experience in banking sector in Azerbaijan. He has managed and implemented many local and international projects.During the second part of the meeting Mr. Nazim Mammadov, representative of Alliance Group LLC has delivered a presentation on “Case studies from Georgia on EnergoCredit project”. The presentation was followed by Q&A session.The Committee meeting finished by networking and one-to-one conversations.Powered by Froala Editor
BFI Committee`s March Meeting
On March 16, AmCham hosted BFI Committee Meeting.BFI Chairperson, Mrs. Aytan Rustamova, opened the meeting by welcoming committee members and guest speaker – Mrs. Julie Nutter, Director of the Office of Sanctions Policy and Implementation in the Department of State’s Bureau of Economic and Business Affairs.Within the first part of the meeting, Mrs. Julie Nutter delivered a very informative speech on “US Policy & Sanctions on Russia and Iran” followed by Q&A session.During the second part of the meeting, Mrs. Nutter introduced Mr. W. Stuart Huffman, Foreign Service Officer of the Office of Sanctions Policy and Implementation, who joined her during the Q&A session.Short bio of our guest speaker:Julie Hagarty Nutter is the Director of the Office of Economic Sanctions Policy and Implementation (SPI) in the Department of State’s Bureau of Economic and Business Affairs (EB). Prior to her current posting, she was the Economic Minister-Counselor at the U.S. Embassy in London. From 2005 to 2008, Ms. Nutter was the Director of the Office of Development Finance in the Economic, Energy, and Business Affairs Bureau. She previously served as the Economic Counselor in the U.S. Mission to the European Union in Brussels. During her Brussels tour, she volunteered for an Iraq Provincial Reconstruction Team Leader position and spent seven months in Iraq, mostly in Basra, working to improve governance capacity at the provincial level. In earlier jobs, she headed the Ukraine desk of the State Department in the run-up to the Orange Revolution, worked closely with other donors on G-8 and Balkan reconstruction issues, and did political and economic reporting during the Liberian civil war. Ms. Nutter has a Masters’ degree in National Security Resource Strategy from the National Defense University and a Masters’ degree in International Economics from Georgetown University. She has two daughters, and grew up in Philadelphia, Pennsylvania.Powered by Froala Editor
BFI AND CSR COMMITTEES` JOINT MEETING
On May, 18, AmCham hosted BFI and CSR Committees` Joint Meeting.Mrs. Nargiz Nasrullayeva-Muduroglu opened the meeting by welcoming participants as well as introducing Mrs. Natavan Mammadova as the newly appointed Director of AmCham Azerbaijan. Afterwards, she passed the floor to Mrs. Ayten Rustamova, Chairperson of BFI Committee, who introduced guest speakers to the audience – Mrs. Gwen Burchell, Director of United Aid for Azerbaijan (UAFA) and Mrs. Natavan Hasanova, researcher of Strategic Research Center of AR (SAM).During the first part of the meeting, Mrs. Burchell informed the participants of the meeting about UAFA and its activity. Afterwards, she passed the floor to her colleague – Mr. Saleh Nasirov – who provided the detailed information about the activity direction of UAFA, particularly pre-school educationm reabilitation centers and social support and also, creation of educational systems in four regions of Azerbaijan. Moreover, Mr. Nasirov presented a video clip about Child Development Center in Baku established by UAFA.Within the second part of the meeting, the floor was passed to Mrs. Natavan Hasanova who delivered a presentation on “Research Results on Corporate Social Responsibility at Azerbaijani Banks”. Along with the report on local activities, Mrs. Hasanova provided very thorough information on CSR activities in different countries (USA, China, Japanm Germany, Italy, Australia).In the end of the meeting, Ms. Aynura Piriyeva, Chairperson of CSR Committee, announced the organization of CSR Excellence Award in cooperation with P. World on October 1, 2.Powered by Froala Editor