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TAX PREFERENCES NEEDED FOR DEVELOPMENT OF IT SECTOR
news.am
Nov 2 2010
Armenia
Information technologies have been declared a priority sector in
Armenia for already 10 years but we are still far behind our neighbors
on development rate, Hovik Musayelyan, Executive Director of Synopsys
Armenia told the journalists today. According to him, there is positive
movement in IT field but less tangible than in neighboring states.
Neighboring states spend large amounts on development of IT sector,
whereas only strategy and doctrine is being discussed in Armenia.
Musayelyan considers that the government should give preferences
to the sector, thus amendments should be introduced. For instance,
foreign companies are exempt from taxes in Turkey, he added. That is
the reason, Microsoft company has invested 4 billions in country's
educational system.
Issues on tax preferences and custom facilities for IT companies are
being discussed in the Russian State Duma as well.
Musayelyan wonders why tax preferences are not granted to companies
making investments in Armenian educational system. "We have been
raising the issue for 10 years. We are told the government does not
want to create "greenhouse conditions" for a certain field. Why
do they make statements if do not want to create such climate?"
he wonders.
From: A. Papazian
news.am
Nov 2 2010
Armenia
Information technologies have been declared a priority sector in
Armenia for already 10 years but we are still far behind our neighbors
on development rate, Hovik Musayelyan, Executive Director of Synopsys
Armenia told the journalists today. According to him, there is positive
movement in IT field but less tangible than in neighboring states.
Neighboring states spend large amounts on development of IT sector,
whereas only strategy and doctrine is being discussed in Armenia.
Musayelyan considers that the government should give preferences
to the sector, thus amendments should be introduced. For instance,
foreign companies are exempt from taxes in Turkey, he added. That is
the reason, Microsoft company has invested 4 billions in country's
educational system.
Issues on tax preferences and custom facilities for IT companies are
being discussed in the Russian State Duma as well.
Musayelyan wonders why tax preferences are not granted to companies
making investments in Armenian educational system. "We have been
raising the issue for 10 years. We are told the government does not
want to create "greenhouse conditions" for a certain field. Why
do they make statements if do not want to create such climate?"
he wonders.
From: A. Papazian