HENCEFORTH CASH REGISTER RECEIPTS TO BE GIVEN FOR PAYMENTS BY PLASTIC CARDS AS WELL

NOYAN TAPAN
20 MAY, 2010
YEREVAN

YEREVAN, MAY 20, NOYAN TAPAN. The RA National Assembly on May 20
passed the bill on additions to the Law on the Use of Cash Registers.

The bill was passed in the second reading and completely.

The bill envisages providing cash register receipts not only for
cash payments as envisaged by the current law, but also in case of
payments by plastic cards. The government said that the aim of the
addition is to prevent a decline in purchases by plastic cards.

The bill on amendments and additions to the Law on Fixed Payments
was passed in the second reading and completely. Under the bill,
the activities of gas stations will be again taxed by the system of
fixed payments, and not the general taxation system.

The parliament passed (in the first reading) the package of the bills
on additions to the Land Code and the Law on Local Self-Government.

The bill aims to promote the implementation of investment projects. In
particular, the bill stipulates that by the decision of the
government, lands considered as state property can be provided gratis
for the implementation of social and charity projects, while lands
considered as property of a community can be provided gratis for the
implementation of such projects at the suggestion of the government.