Announcement

Collapse
No announcement yet.

Armenian Parliament Adopts In First Reading Package Of Tax Amendment

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenian Parliament Adopts In First Reading Package Of Tax Amendment

    ARMENIAN PARLIAMENT ADOPTS IN FIRST READING PACKAGE OF TAX AMENDMENTS

    NOYAN TAPAN
    SEPTEMBER 15, 2009
    YEREVAN

    YEREVAN, SEPTEMBER 15, NOYAN TAPAN. The RA National Assembly adopted
    in the first reading the revised package of tax amendments submitted
    by the government - at the first sitting of its autumn session
    on September 15. The preliminary version of the package had been
    discussed at the previous session, but on June 10 the government
    proposed postponing the vote by up to 15 days in order to hold joint
    discussions on the package by the parliamentary factions and the
    government and to revise it based on the discussions' results.

    To recap, the package had been a subject of a heated debate and sharp
    criticism, mostly due to the addition to the Law on Taxes, by which
    it was envisaged introducing an institution of the representative of
    the tax body in big business.

    Deputy Minister of Finance Suren Karayan said prior to the vote that
    the powers of the tax body's representative, as well as the scope of
    current tax control through this representative have been reduced to
    a minimum and regulated in the revised package.

    73 NA deputies voted for the package of bills, 23 voted against it, and
    one deputy abstained from voting. Among those who voted against were
    the members of ARF and Heritage factions, some independent deputies,
    including former speaker of the National Assembly Tigran Torosian.

    The parliament also passed in the first reading the bill on making an
    addition to the Law on Scientific and Scientific-Technical Activity
    discussed previously.

    The bill envisages honorary payments for full and corresponding members
    of the RA National Academy of Sciences who are engaged in scientific
    activity in Armenia, or carry out a mission abroad for a period of up
    to three months. Under the current law, the indicated honorary payment
    (its amount is established by the government) is a lifetime payment.
Working...
X