Announcement

Collapse
No announcement yet.

Land Taxes: Ahead Of Elections Government Offers Tax Breaks To Farme

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

  • Land Taxes: Ahead Of Elections Government Offers Tax Breaks To Farme

    LAND TAXES: AHEAD OF ELECTIONS GOVERNMENT OFFERS TAX BREAKS TO FARMERS
    By Gayane Lazarian

    ArmeniaNow
    28.02.12 | 15:56

    Photo: www.parliament.am

    The National Assembly of Armenia in the first reading has adopted
    a draft law 'On Property Tax and Land Tax Arrears', under which
    all the taxpayers who had less than 2 million drams (about $5,170)
    debt within the period of 2008-2011, when paying the basic amount,
    will be freed from all interests; and the time frame for paying the
    basic amount is from three months to one year.

    Prime Minister of Armenia Tigran Sargsyan stated that by this
    initiative the Government forgives tax arrears of about 43 billion
    drams (about $111 million) in the agricultural sector. According to
    him, the bill will also promote the economic growth, because the tax
    burden on agriculture will be essentially reduced.

    Vahan Hovhannisyan, head of the opposition Armenian Revolutionary
    Federation (ARF, Dashnaktsutyun), says it is suspicious why the
    Government has submitted the bill ahead of the upcoming parliamentary
    elections.

    "What is this? Is this an election bribe ahead of the elections? Why
    is this bill brought to the vote in a special way just now? Why do
    diligent taxpayers, not being aware of anything, end up in unequal
    conditions?" he says. "Out of nothing they suddenly forgive a debt
    ahead of the elections appearing in the role of someone who does
    a favor."

    Head of the ruling Republican Party of Armenia parliamentary faction
    Gagik Melikyan, not agreeing with his opponents, says that the
    submission of the bill right now is not connected with the upcoming
    Parliamentary elections.

    "Had it [the bill] been submitted after the [Parliamentary] elections
    they [the opposition] would have said that we submitted it ahead of the
    Presidential elections. And had we submitted it after it, they would
    have said that we did it ahead of local elections," Melikyan says.

    The Union of Communities of Armenia, being concerned about the bill,
    made a statement, saying that the suggested methods are disputable,
    and that they may have an essential impact upon the activities of
    the communities, their budgeting processes, and financial capacities
    of communities.

    "Besides, the diligent and unscrupulous taxpayers will be put on unfair
    and unequal scales of a balance under the bill," the statement reads.

Working...
X