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Armenia's Government Reduces Investment Requirement For VAT Defermen

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  • Armenia's Government Reduces Investment Requirement For VAT Defermen

    ARMENIA'S GOVERNMENT REDUCES INVESTMENT REQUIREMENT FOR VAT DEFERMENT

    YEREVAN, April 17. /ARKA/. Armenia's government decided to reduce
    the minimum investment requirement for a three-year deferment in VAT
    payments from 300 million down to 200 million drams at its sitting
    Thursday.

    The VAT deferment was granted if an investment program exceeding 300
    million drams was submitted or approved.

    The bill envisaging reduction of the requirement to 200 million was
    adopted by the parliament and is now reflected in the respective
    government decree, acting minister finance of Armenia David Sargsyan
    said at the government meeting. ($1=414.27drams). -0--

    - See more at:
    http://arka.am/en/news/economy/armenia_s_government_reduces_investment_requiremen t_for_vat_deferment_/#sthash.t7X9j7fe.dpuf



    From: Emil Lazarian | Ararat NewsPress
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