At March 23 sitting, the National Assembly debated in the first reading the draft law on Amending the RA Tax Code authored by the NA deputy Gevorg Papoyan. The author has noted that obvious contradictions of different provisions of the same Article in Article 109 of the Tax Code.
The next amendment is in Article 109: it refers to obtaining of the right to separated ecological tax sum offset in the suppliers’ accounting documents. By the functioning regulation such right is given, when the suppliers carry out factual payments. Meanwhile, in case of excise tax and the value added tax (VAT) offsets are carried out only on the basis of the accounting documents, without taking into consideration the fact of the payment. In Gevorg Papoyan proposes to use this approach also in case of ecological tax. To the author’s conviction, the amendment is made for the businessmen’s benefit.
The member of the NA Standing Committee on Economic Affairs Karen Hambardzumyan presented the endorsement of the Committee.
Expressing the positive position of the Government on the initiative, the RA Deputy Minister of Finance Arman Poghosyan has underlined that the amendment will have favourable impact on the business environment.
The legislative package on Amending the Constitutional Law on Parties and envisaging amendments to the enclosed ones.