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Representatives Of Small, Medium Businesses In Armenia Need 4-5 Mont

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  • Representatives Of Small, Medium Businesses In Armenia Need 4-5 Mont

    REPRESENTATIVES OF SMALL, MEDIUM BUSINESSES IN ARMENIA NEED 4-5 MONTHS OF TAX HOLIDAYS

    /ARKA/
    July 9, 2009
    YEREVAN

    YEREVAN, July 9. /ARKA/. Representatives of small and medium businesses
    of Armenia need four-five months of tax holidays, Vazgen Safaryan,
    the Chairman of Domestic Commodity Producers' Union, told reporters
    on Wednesday.

    "Amid the crisis small and medium businesses of Armenia found
    themselves in a difficult situation and they need tax holidays to be
    able to continue their activities," he said.

    According to Safaryan tax benefits should be issued to small businesses
    with a staff of less than 15 workers.

    As the Chairman of the Union noted, today many companies withdraw
    floating funds to pay taxes, which can bring them to crash
    soon.
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