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Combined Efforts To Settle Tax Issues Can Contribute To Business Dev

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  • Combined Efforts To Settle Tax Issues Can Contribute To Business Dev

    COMBINED EFFORTS TO SETTLE TAX ISSUES CAN CONTRIBUTE TO BUSINESS DEVELOPMENT IN ARMENIA: PRIME MINISTER

    ARKA
    June 24
    YEREVAN

    Combined efforts to solve tax administration problems will create
    favorable conditions for business, RA Prime Minister Tigran Sargsyan
    said today during his meeting with local businessmen.

    In his turn, Chairman of the Union of Manufacturers and Businessmen
    of Armenia (UMBA) Arsen Ghazaryan said it is high time the government
    knew what businessmen think of tax administration.

    He believes the only way-out is to make public the real economic
    capacities of the country by means of proper tax administration.

    Legal business activities are the only guarantee on economic
    development, and the country can fight shadow economy with the help
    of extensive document circulation, according to Ghazaryan.

    He said the government has adopted a strong, even revolutionary
    tax policy.

    "We welcome this policy and are ready to support the government
    by holding consultations, sharing experience and making remarks,
    sometimes critical ones," the UMBA Chairman said.

    The Supreme Council for Income Management Culture was established
    in Armenia on June 19. The council's objective is to build up public
    trust in tax and customs administrations.
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