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Armenian Government Rejects Bill Amending VAT Law

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  • Armenian Government Rejects Bill Amending VAT Law

    ARMENIAN GOVERNMENT REJECTS BILL AMENDING VAT LAW

    PanARMENIAN.Net
    26.11.2009 18:49 GMT+04:00

    /PanARMENIAN.Net/ The Armenian government has rejected a bill amending
    the VAT Law. As RA finance minister Tigran Davtyan told a government
    meeting, members of the RA National Assembly proposed a bill ensuring
    0 per cent VAT for domestically produced goods. "The government sticks
    to the view, that the proposal violates the VAT Law and contradicts
    to accepted international practice, " he said.

    In addition, according to finance minister, this bill would entail
    difficulties in administration, and cause some risks of its misuse.

    From: Emil Lazarian | Ararat NewsPress
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