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Armenia Forbids Small Business Tax Inspection

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  • Armenia Forbids Small Business Tax Inspection

    ARMENIA FORBIDS SMALL BUSINESS TAX INSPECTION

    HULIQ
    June 1 2009
    SC

    The government of Armenia made a decision which forbids the tax
    authorities to conduct tax inspections in small businesses aiming to
    relieve the small business owners from unnecessary difficulties with
    tax authorities.

    "During 2009-2010 all types of inspectorial checks in the small and
    medium-sized enterprises (SME) will be forbidden. 22 inspectorial
    bodies exist in RA. Exceptions will be cases concerning health of
    the population and security of the state. Even those exceptions will
    be carried under the control of the Prime Minister, and only in the
    presence of the written consent of the Prime Minister. I am sure
    that in this sense our anti-crisis resistibility will increase,"
    RA Prime Minister Tigran Sargsyan said yesterday at the session of
    the Government.

    "This is really an unprecedented decision. We have taken this decision
    upon the directive of the President of the Republic with the view
    of creating a favorable atmosphere for the development of small and
    medium-sized businesses, and overcoming the adverse effects of the
    global crisis," the Prime Minister added.

    RA Government Information and Public Relations Department
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