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Head Of OSCE Yerevan Office: Armenia Ranks The 150th In The World By

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  • Head Of OSCE Yerevan Office: Armenia Ranks The 150th In The World By

    HEAD OF OSCE YEREVAN OFFICE: ARMENIA RANKS THE 150TH IN THE WORLD BY INDEX OF PAYING TAXES

    Arminfo
    2008-10-07 19:08:00

    ArmInfo. Armenia ranks the 150th in the world by the index of paying
    taxes, say the data of Doing Business-2009 ranking, Head of OSCE
    Yerevan Office, Ambassador Sergey Kapinos told media Tuesday. As
    regards tax reforms approved by the Government of Armenia, Ambassador
    Kapinos said that unawareness of the small and medium-scale enterprises
    in Armenia of tax legislation of Armenia makes the country vulnerable
    against corruption risks. Just for this purpose, he said, OSCE Yerevan
    Office jointly with the National Center for SME Development in Armenia
    issued a guidebook on tax reforms for businessmen (20,000 copies). The
    more businessmen will know the less space will remain for corruption
    risks, the Ambassador said.

    As regards Doing Business rating, S. Kapinos said the index of paying
    taxes must be in the focus of attention since Armenia seriously yields
    to other states. In general Armenia ranks the 44th but the low index of
    paying taxes make seriously thinking over the necessity of improving
    the tax administration. One of the key efficiency factors of the
    latter is awareness of business-sectors of reforms, S. Kapinos said.
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