Announcement

Collapse
No announcement yet.

RA State Revenue Committee Urges Business Entities To Avoid Foreign

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • RA State Revenue Committee Urges Business Entities To Avoid Foreign

    RA STATE REVENUE COMMITTEE URGES BUSINESS ENTITIES TO AVOID FOREIGN CURRENCY TRANSACTIONS

    PanARMENIAN.Net
    19.03.2010 11:05 GMT+04:00

    /PanARMENIAN.Net/ The Armenian law on foreign currency management
    and control stipulates for payment of salaries and conduction of any
    other transaction in the national currency only. For the first time,
    the violator of the law is fined with AMD 2 million; AMD 4 million
    fine is imposed in case of a repeated violation.

    The State Revenue Committee urges business entities to respect the
    national currency and avoid foreign currency transactions.

    As a PanARMENIAN.Net reporter came to know from the Committee's PR
    office, numerous violations have been fixed recently. "The committee
    is consistent in revealing the violations. The statistical data will
    be provided in the near future," it said.
Working...
X