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Are Levies Credited To State Budget?

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  • Are Levies Credited To State Budget?

    ARE LEVIES CREDITED TO STATE BUDGET?

    A1+
    22 April, 2008

    "The law has not been changed. It is simply beyond my understanding why
    the goods used to be tax freed at a lower price", declared Tsolvard
    Gevorgian, Chairwoman of the Union of Armenian Merchants, doubting
    even the crediting of the levied funds to the state budget.

    "It was only after Serzh Sargssian's strong consideration of the
    problem that they had to observe the law."

    The Chairwoman also stated that "The Law on Simplified Tax" was drafted
    by their Union and for 8 years they had been struggling for it. "Our
    economy was able to develop only due to the simplified tax, but they
    made so many changes to it that it finally became a monster. And now
    they abolish the law without a substitute."

    According to Tsolvard Gevorgian minor merchants still survive but
    they are not able to develop their business.

    "The officials set up their business in the city center and they do
    not pay any taxes. As a result minor merchants lost their consumers. I
    sold my store and went out of business as I do not want to compete
    with anyone."

    By the way the Union of Merchants has 23 branches throughout Armenia.
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