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The draft law on Making Amendments and Addenda to the RA Tax Code was debated in the first reading at the sitting of the NA Standing Committee on Economic Affairs, which was moderated by the Deputy Chair of the Committee Babken Tunyan.

The RA Deputy Chairman of the State Revenue Committee Artur Manukyan has noted that when the inspection process is suspended in accordance with law, then the statute of limitations should also be extended. However, it is not set by law how long the statute of limitations should be extended. It is proposed to extend by the number of working days included in the suspension period.

It is planned to give an opportunity to taxpayers to submit tax calculations related to audit (studying) reporting period in case the inspection or study process is suspended.

It is proposed to recognize the provision on the horizontal monitoring system invalid, as no taxpayer has expressed a desire to use the system since its adoption until now. According to Artur Manukyan, the system can be replaced with the improvement of appropriate toolkits and other tax discipline measures.

The executive body will also propose that the requirement to publish 1000 large taxpayers does not refer to the state bodies and community administrative institutions. The Committee endorsed the initiative.