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Resettlers Exempt From Tax on Land

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  • Resettlers Exempt From Tax on Land

    RESETTLERS EXEMPT FROM TAX ON LAND

    Azat Artsakh--Nagorno Karabakh Republic (NKR)
    16-04-2004


    According to the law adopted by the NKR National Assembly, the
    resettlers will be exempt from the tax on land for five years. The
    chairman of the permanent committee of finance and budget questions
    and economic management M. Danielian explained that according to the
    agreement with the resettler he receives land which he can privatize
    in five years in case of following all the points of the
    agreement. During these five years he is exempt from the tax on land.


    NAIRA HAYRUMIAN.
    16-04-2004
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