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Government Approves Bill On Tax Registration

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  • Government Approves Bill On Tax Registration

    GOVERNMENT APPROVES BILL ON TAX REGISTRATION

    Noyan Tapan
    Mar 22 2007

    YEREVAN, MARCH 22, NOYAN TAPAN. At the March 22 sitting, the Armenian
    government approved the bill on tax registration. Deputy Head of
    the RA State Tax Service Armen Alaverdian told reporters after the
    sitting that the decision on registration of tax payers in Armenia
    was taken in 1995 and since then many amendments have been made to
    laws, which caused the necessity to develop a bill. According to
    A. Alaverdian, the bill gives the definition of tax registration, the
    order and terms of providing a tax payer code, etc. Within a month
    after getting registered at the state register, the tax payer must
    receive a tax payer code and retain it until bankruptcy or end of
    activity. These codes are similar and used for all state bodies. By
    the way, henceforth it will not be possible to open a bank account or
    conduct customs transactions without such code. A. Alaverdian said that
    henceforth urgent issues related to registration will be regulated by
    law rather than solved by a tax body or governmental decision. Until
    now tax payer codes have been given to 173 thousand tax payers in
    Armenia, 50 thousand of whom either were liquidated or went bankrupt.
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