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President Sargsyan: "Unpaid Taxes Are Money Stolen From Education, Healthcare"
By Gayane Lazarian
ArmeniaNow
27.05.11 | 11:09
Armenian President Serzh Sargsyan warned the country's leading
businesspeople against evading taxes and seeking illegal excessive
profits as he addressed a meeting of the Chamber of Commerce and
Industry (CCI) on Thursday.
Describing the fourth CCI convention as "the best occasion to
summarize and evaluate the work done and revise the activities of the
Chamber based on those evaluations and conclusions", the president,
in particular, denounced such phenomena as large businessmen seeking
excessive profits and obstructing fair competition.
"It is unacceptable when businessmen spend a lot of time thinking
about ways of evading taxes or abuse their dominant positions in
markets in order to make excessive profits," Sargsyan underlined.
"Such a condition is particularly incomprehensible in the case with
large economic entities that already have an advantage thanks to
their size and amount of business."
Stressing that "unpaid taxes are money stolen from education
and healthcare and, therefore, are a blow to the future of our
people... and in the long run are also a blow to the future of those
enterprises", the president called on businesspeople "to be next to
the government in combating such phenomena."
Speaking about stimulation of domestic production, Sargsyan described
it as a primary purpose of activities, but said it required a great
deal of effort.
"It requires new resources and sophisticated estimations. But all
expert-level assessments of our economy show that there are untapped
opportunities in our country and specialists are needed for doing such
work. We are a people of industrious, enterprising and independent
individuals. Failing to create the best possible conditions for our
people to apply those qualities is an unforgivable crime against our
future generations," the Armenian president concluded.
By Gayane Lazarian
ArmeniaNow
27.05.11 | 11:09
Armenian President Serzh Sargsyan warned the country's leading
businesspeople against evading taxes and seeking illegal excessive
profits as he addressed a meeting of the Chamber of Commerce and
Industry (CCI) on Thursday.
Describing the fourth CCI convention as "the best occasion to
summarize and evaluate the work done and revise the activities of the
Chamber based on those evaluations and conclusions", the president,
in particular, denounced such phenomena as large businessmen seeking
excessive profits and obstructing fair competition.
"It is unacceptable when businessmen spend a lot of time thinking
about ways of evading taxes or abuse their dominant positions in
markets in order to make excessive profits," Sargsyan underlined.
"Such a condition is particularly incomprehensible in the case with
large economic entities that already have an advantage thanks to
their size and amount of business."
Stressing that "unpaid taxes are money stolen from education
and healthcare and, therefore, are a blow to the future of our
people... and in the long run are also a blow to the future of those
enterprises", the president called on businesspeople "to be next to
the government in combating such phenomena."
Speaking about stimulation of domestic production, Sargsyan described
it as a primary purpose of activities, but said it required a great
deal of effort.
"It requires new resources and sophisticated estimations. But all
expert-level assessments of our economy show that there are untapped
opportunities in our country and specialists are needed for doing such
work. We are a people of industrious, enterprising and independent
individuals. Failing to create the best possible conditions for our
people to apply those qualities is an unforgivable crime against our
future generations," the Armenian president concluded.