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RA Government Toughens Control Over Major Taxpayers

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  • RA Government Toughens Control Over Major Taxpayers

    RA GOVERNMENT TOUGHENS CONTROL OVER MAJOR TAXPAYERS

    PanARMENIAN.Net
    April 8, 2010 - 13:02 AMT 08:02 GMT

    The Armenian government will toughen control over big businesses to
    make their activity more transparent, RA Prime Minister said.

    "The Ministry of Finance has already produced the list of the country's
    major taxpayers, annual income of which exceeded AMD 1 billion in
    2009," Tigran Sargsyan said during April 8 government session.

    He admitted that the government is not in full control of big
    businesses which suppress the small and medium businesses therewith.

    "There is an apprehension that SMBs felt the burden of tax payments
    more than big businesses," he said. "The only way to ensure
    transparency of big businesses' activity is to publish conclusions
    of independent audit."
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