A draft law has been prepared, which includes tax exemption for media entities (except for audiovisual media entities) for a period of 3 years.

According to APA, the Executive Director of the Media Development Agency, Ahmet Ismayilov, said this at the agency's 2022 report conference.

He noted that according to the draft law, media entities will be exempted from income, profit and simplified taxes on the income they receive from their activities, advertising income, as well as the relevant assistance given to them.

Also, the presentation of media products produced by them will be exempted from value added tax.

Ahmad Ismayilov said that the draft law has been fully agreed with the relevant authorities and is being considered by the government.