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ARMENIAN GOVERNMENT OFFICIALLY PROVED STATUS OF CJSC "SOUTH CAUCASUS RAILWAY" LIKE A CONCESSIONAIRE OF ARMENIAN RAILWAY
arminfo
Thursday, February 9, 19:23
The Armenian government has officially proved status of CJSC "South
Caucasus Railway" like a concessionaire of Armenian railway. The
decision of the Armenian government according to which the contracts
on handing over of infrastructures of public service to management
for their taxation, are watched like the concession contracts. So,
the governmental decision has fixed the main criteria and the order
of recognition of the contracts on handing over of the infrastructure
to management like the concessional ones.
Among such infrastructures are, in particular, the railway, auto
stations, airports, water and energy supply systems. So Armenian
government has officially proved status of CJSC "South Caucasus
Railway" like a concessionaire of Armenian railway and the company
will have privileges when paying VAT and income tax.
Moreover, this governmental decision will make it possible to enhance
the state-private partnership. Being a pan-national transport company
the SCR welcomes such measures of the Armenian government, which
are called to enhance the guarantees of the company activity. It
is especially relevant, as the SCR is one of the socially-oriented
companies of Armenia and occupies the 3-rd place among the local
companies by the number of staff.
arminfo
Thursday, February 9, 19:23
The Armenian government has officially proved status of CJSC "South
Caucasus Railway" like a concessionaire of Armenian railway. The
decision of the Armenian government according to which the contracts
on handing over of infrastructures of public service to management
for their taxation, are watched like the concession contracts. So,
the governmental decision has fixed the main criteria and the order
of recognition of the contracts on handing over of the infrastructure
to management like the concessional ones.
Among such infrastructures are, in particular, the railway, auto
stations, airports, water and energy supply systems. So Armenian
government has officially proved status of CJSC "South Caucasus
Railway" like a concessionaire of Armenian railway and the company
will have privileges when paying VAT and income tax.
Moreover, this governmental decision will make it possible to enhance
the state-private partnership. Being a pan-national transport company
the SCR welcomes such measures of the Armenian government, which
are called to enhance the guarantees of the company activity. It
is especially relevant, as the SCR is one of the socially-oriented
companies of Armenia and occupies the 3-rd place among the local
companies by the number of staff.