Tweet
WHEN AND HOW MUCH WE WILL DECLARE
Lragir.am
19 April 06
The bill on declaration of property and income of natural persons
caused dissent between the People's Deputy Group and president's
advisor on corruption affairs Bagrat Yesayan. The only dissent is
the threshold of property liable to declaration. The dissent seems
to have been overcome and now the following thresholds and deadlines
are included in the bill.
In 2007 a natural person will not have to make a declaration if their
income does not exceed 6 million drams within the tax year. In 2008
they will not have to declare if the same index is not over 5 million,
in 2009 4 million, in 2010 3 million, in 2011 2 million and in 2012
1 million.
Starting with 2012 most citizens of the Republic of Armenia will have
to write a declaration of income. However, there is not a hint on
declaration of property and income of natural persons in the bill how
much our income will grow year by year by these scales, and naturally
there could not have been any. This bill is solving another problem.
Whereas it would be better if all the questions were solved at once,
and the citizens whose income is one million drams in both 2006 and
2012 could understand why they need a declaration of property. Or
else it will be difficult to explain why the government is adding
nuisance of paperwork if within six years it did nothing to boost
the income of its citizens.
Lragir.am
19 April 06
The bill on declaration of property and income of natural persons
caused dissent between the People's Deputy Group and president's
advisor on corruption affairs Bagrat Yesayan. The only dissent is
the threshold of property liable to declaration. The dissent seems
to have been overcome and now the following thresholds and deadlines
are included in the bill.
In 2007 a natural person will not have to make a declaration if their
income does not exceed 6 million drams within the tax year. In 2008
they will not have to declare if the same index is not over 5 million,
in 2009 4 million, in 2010 3 million, in 2011 2 million and in 2012
1 million.
Starting with 2012 most citizens of the Republic of Armenia will have
to write a declaration of income. However, there is not a hint on
declaration of property and income of natural persons in the bill how
much our income will grow year by year by these scales, and naturally
there could not have been any. This bill is solving another problem.
Whereas it would be better if all the questions were solved at once,
and the citizens whose income is one million drams in both 2006 and
2012 could understand why they need a declaration of property. Or
else it will be difficult to explain why the government is adding
nuisance of paperwork if within six years it did nothing to boost
the income of its citizens.