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Government Pushes Tax Change Package By Year's End

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  • Government Pushes Tax Change Package By Year's End

    GOVERNMENT PUSHES TAX CHANGE PACKAGE BY YEAR'S END
    Grisha Balasanyan

    hetq
    13:31, December 6, 2012

    A special session of the Armenian National Assembly has been scheduled
    to debate a new package of taxes for commercial enterprises and
    individual proprietors in the country.

    The government's bill of tax changes was roundly criticized by many
    MPs. They took the government to task for introducing the bill so
    late in the year, arguing that if the bill is passed, taxpayers will
    have to adhere to the new regulations as of January 1, 2013.

    MPs said such a move would provide tax authorities yet another
    opportunity to come down hard on uninformed taxpayers.

    The package envisages changes to the profit tax, revenue tax and VAT.


    From: Baghdasarian
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