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Armenia To Introduce Tax Policy Impact Model

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  • Armenia To Introduce Tax Policy Impact Model

    ARMENIA TO INTRODUCE TAX POLICY IMPACT MODEL

    PanARMENIAN.Net
    28.10.2009 16:04 GMT+04:00

    /PanARMENIAN.Net/ By the recommendation of Economy Ministry, Ameria
    company is conducting a survey among Armenia's big taxpayers. "The
    survey aims at collecting data for creating a general economic
    equilibrium model," Head of Ameria consulting told a PanARMENIAN.Net
    correspondent.

    General balance calculation model will be used for analyzing the
    impact of tax policy changes upon the country's economic growth. The
    new model, according to company Head, will help predict economy's
    situation in case of changing data entry system, particularly in tax
    sphere. "For instance, if we reduce GDP from 20% to 18% or increase
    or decrease income tax, how it will impact the country's economy,"
    Sahakyan said.

    The survey is conducted within the frames of a WB Institutional
    Development Fund's grant program with the purpose of supporting RA
    Economy Ministry's analytical capacities through providing reliable
    information for the General Balance Equilibrium Model based on
    survey results.

    Ameria is a leading consulting company on Armenian market actively
    working in spheres of corporate restructuring, merging and absorption,
    legal consulting, direct and portfolio investments, business planning,
    strategic and tax planning, financial consulting, state administration
    and reforms.
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