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Yerevan Entrepreneurs Will Protest Everyday Against Turnover Tax Law

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  • Yerevan Entrepreneurs Will Protest Everyday Against Turnover Tax Law

    Yerevan Entrepreneurs Will Protest Everyday Against Turnover Tax Law:
    Gyumri Also Joins In

    01.27.2015 18:21 epress.am


    Small and medium-sized business owners and entrepreneurs protested for
    the second day this year in front of the Armenian government building,
    which again concluded with no result. Like yesterday, the protesters
    demanded, to no avail, that the PM Hovik Abrahamyan meet them outside
    the building. Yesterday, the PM agreed to meet with a delegation of 10
    people to discuss the issues around the Law on Turnover Tax inside the
    the government building but was rejected by the protesters. However,
    the Government's Reception of Citizens and Appeals department head
    Aleksander Ghazaryan told the protesters that Abrahamyan was not at
    work today.

    The demonstrators have decided to protest until the nullification of the law.

    "We are going to come here everyday, except for tomorrow because it's
    a holiday (the anniversary of the formation of Armenian Army). We will
    be in front of the Government building from morning to 3PM, until the
    issue is resolved," said entrepreneur Samson Grigoryan.

    He underlined that the new law will increase the risk of corruption
    and force entrepreneurs to give bribes in order to solve issues with
    the tax services.

    During yesterday's demonstration, protesters spread information that
    their colleagues from the provinces, specifically from Shirak, would
    join them in their protest in front of the government building today.

    Today, however, a few of the protesters told an Epress.am journalist
    that the roads from various provinces had been closed. The Gyumri
    based Journalists Club Asparez representative and journalist Sona
    Arakelyan told Epress.am that a few Gyumri residents came with their
    personal cars to Yerevan, while the protest against the Law on
    Turnover Tax took place near Gyumri's clothing bazaar. Other merchants
    in other marketplaces closed their booths and joined the protest.

    The entrepreneurs restarted their fast growing protests from last
    September-October, which were halted after the government promised to
    delay the compulsory inventorization of products until February 1st of
    2015. The protest restarted yesterday, because the government refused
    to include other amendments to the law.

    Last year, the protesters against the Law on Turnover Tax stated that
    they do not have possibility of inventorizing their products, because
    large distributors often do not give them invoices. In addition, in
    the case of inventorizing, their turnover would be over the legal
    minimum threshold of 58.3 million AMD ($126,000), so they would be
    forced to pay VAT, which would be impossible for small and medium
    sized businesses. Among the business owners, some demand that they
    sharply increase the threshold, while others demand the law be
    nullified.

    Those who work in the gold trade have stressed that once the new law
    comes into effect they would be forced to immediately halt their work.
    Certain experts have noted that the inclusion of the Law on Turnover
    Tax would entirely wipe out small and medium sized businesses, while
    the members of government claim that the purpose is to fight against
    the illegal practices in large businesses and that they are not
    prepared to consider the law void.

    During last year's protest, the merchants received backlash from the
    owners of large marketplaces they rent space from. A few large
    marketplaces threatened to fire (or cancel rent contracts) those
    merchants who did not show up to work and protested. The most covered
    case was that of Vosku Shuka owner Vagharsh Abrahamyan who broke
    tables and showcases of those merchants who participated in the
    protests. the destructive behavior of Abrahamyan was not dealt with
    by the police.


    http://www.epress.am/en/2015/01/27/yerevan-entrepreneurs-will-protest-everyday-against-turnover-tax-law-gyumri-also-joins-in.html

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