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Tax Package Completely Approved Today In The Second Reading

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  • Tax Package Completely Approved Today In The Second Reading

    TAX PACKAGE COMPLETELY APPROVED TODAY IN THE SECOND READING

    ARMENPRESS
    Oct 29, 2009

    YEREVAN, OCTOBER 29, ARMENPRESS: With 73 for, 4 against and 12
    abstained, the Armenian parliament approved today in the second reading
    and completely the tax package presented by the Armenian government
    suggesting changes in laws "About Taxes", "About Excise Tax",
    "About Value Added Tax", "About Income Tax" and in the legislation on
    Administrative violations. The package particularly intends applying
    of tax body representative in the big tax payers' companies.

    The duties of the tax body representative have been clearly defined:
    the latter is authorized to control only the physical volume of the
    issued product, sale price and documents connected with the sale
    only. The representative will not interfere into the production
    process.

    Head of the NA's economic affairs standing committee Vardan Ayvazyan
    said that the tax body representatives will be in 60-70 companies.
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