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Armenian Tax Administration Needs To Be Seriously Reformed: Prime Mi

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  • Armenian Tax Administration Needs To Be Seriously Reformed: Prime Mi

    ARMENIAN TAX ADMINISTRATION NEEDS TO BE SERIOUSLY REFORMED: PRIME MINISTER

    ARKA
    Sep 29, 2009

    YEREVAN, September 29, /ARKA/. Armenian tax administration system needs
    to be seriously reformed, Prime Minister Tigran Sargsyan said today.

    Speaking a seminar on the latest World Bank 'Doing Business
    2010' report, the minister said: "We still have problems in tax
    administration, particularly, paying taxes takes lot of time.' He
    added that introduction of electronic payment system is expected to
    ease the problem.

    "We have started introducing this system and expect technical
    assistance from the World Bank, the International Financial Corporation
    and USAID. We hope that this system, along with introduction of
    risk-based tax administration, will raise significantly Armenia's
    rating in Doing Business next report,' he said.

    The premier admitted that there are serious problems in customs
    services as well. He said working group was formed to monitor all
    areas which are taken into account in making the Doing Business report.

    "We have a clear schedule of measures and people responsible for
    improving Armenia's standing in Doing Business. We have simplified
    the process of company registration, eliminated some unnecessary
    requirements and as a result Armenia's rating has moved up,' he said.

    In the Doing Business 2010 Armenia was on 43-rd position among
    183 countries. In establishing businesses Armenia has improved its
    performance and ranks 21st, in cross-border trade - 102nd place and in
    obtaining a construction permission - 72nd, in registering property -
    5th.
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