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ARMENIAN FAIRS TO BE LICENSED FROM APR 1
ARKA
March 5, 2009
YEREVAN, March 5. /ARKA/. At its sitting today, the RA Government
approved the order of licensing trade organization activities, which
is to take effect from April 1, 2009.
RA Deputy Minister of Economy Mushegh Tumasyan reported that the
order is in conformity with the RA Law on Trade and Services.
The Government also approved the license form and the list of documents
to be submitted to the relevant bodies, Tumasyan said.
RA Prime Minister Tigran Sargsyan said that the Government's decision
implies that the trade outlets will switch from the fixed tax over
to the profit tax.
"It is especially important that the Armenian public be aware of that -
especially the owners of fairs, whose activities arouse the traders'
discontent," T. Sargsyan said.
He said that some fair owners practice unjustified rise in the prices
for trade outlets. The Premier reported that special attention will
be paid to document circulation, which will allow the tax authorities
to have a clear idea of each fair's profits.
T. Sargsyan believes that the measure has no alternative and will
make all the trade outlets taxable.
"By our steps we will show our opponents that we are making big
businesses taxable. It is extremely important now that the rental price
for trade outlets be reasonable for traders to be able to rest weekends
witho ut paying for their trade outlets," T. Sargsyan said. -0--
ARKA
March 5, 2009
YEREVAN, March 5. /ARKA/. At its sitting today, the RA Government
approved the order of licensing trade organization activities, which
is to take effect from April 1, 2009.
RA Deputy Minister of Economy Mushegh Tumasyan reported that the
order is in conformity with the RA Law on Trade and Services.
The Government also approved the license form and the list of documents
to be submitted to the relevant bodies, Tumasyan said.
RA Prime Minister Tigran Sargsyan said that the Government's decision
implies that the trade outlets will switch from the fixed tax over
to the profit tax.
"It is especially important that the Armenian public be aware of that -
especially the owners of fairs, whose activities arouse the traders'
discontent," T. Sargsyan said.
He said that some fair owners practice unjustified rise in the prices
for trade outlets. The Premier reported that special attention will
be paid to document circulation, which will allow the tax authorities
to have a clear idea of each fair's profits.
T. Sargsyan believes that the measure has no alternative and will
make all the trade outlets taxable.
"By our steps we will show our opponents that we are making big
businesses taxable. It is extremely important now that the rental price
for trade outlets be reasonable for traders to be able to rest weekends
witho ut paying for their trade outlets," T. Sargsyan said. -0--