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In this calculator, tax exemptions applied in accordance with the Tax Code of the Republic of Azerbaijan for deposits denominated in the national currency (AZN) have not been taken into account.

• The portion of monthly interest income on deposits up to AZN 200 is exempt from income tax.

• The portion of monthly interest income on deposits exceeding AZN 200 is subject to income tax at a rate of 10%.

• When a deposit is placed for a period of 18 months or more and the deposit amount is paid no earlier than after 18 months, the full amount of the accrued interest income is exempt from income tax for a period of 3 years.