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Armenia Needs Further Improvement Of Tax Administration Despite Cris

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  • Armenia Needs Further Improvement Of Tax Administration Despite Cris

    ARMENIA NEEDS FURTHER IMPROVEMENT OF TAX ADMINISTRATION DESPITE CRISIS

    ARKA
    Feb 25, 2009

    YEREVAN, February 25. /ARKA/. Armenia needs further improvement of
    tax administration despite the crisis, Atristomene Varoudakis, Head
    of the WB office in Yerevan, told reporters.

    For several years the WB has been conducting a dialogue with the RA
    Government for the improvement of tax administration, he said. He
    stressed the importance of further work even amid the economic crisis.

    Varoudakis said that the additional funds must not be collected at
    the expense of small and medium-sized enterprises.

    The WB urges the Armenian Government to make every effort to expand
    the tax base to improve the struggle against tax evasion and shadow
    economy, Varoudakis said.

    In this context he pointed out a number of steps favorable for
    business, including risk-based tax inspections, enterprises' tax
    history, to reduce taxpayers' contacts with tax officers to a minimum.

    Varoudakis pointed out the need for a heavier tax burden for large
    taxpayers to relieve it for small and medium-sized businesses.

    From: Emil Lazarian | Ararat NewsPress
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