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Provisions of Tax Code and Law on Bankruptcy complied with each other
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In order to bring certain provisions of the Tax Code into line with the provisions of the law, as well as to clarify some regulations that give rise to misunderstandings in the law and to provide provisions that contribute to the normal operation of the tax authority, the legislative package on Making Amendments and Addenda to the Tax Code of the Republic of Armenia and on Making Addenda and Amendments to the Law on Bankruptcy was elaborated. The Deputy Chairman of the State Revenue Committee Artur Manukyan presented it to the National Assembly in the first reading.

With the adoption of the drafts, Article 324.2 of the Code will be brought into line with the provisions of the law, the tax authority will be given the opportunity to submit an application for involuntary bankruptcy in respect of individuals, and the declared bankrupt debtor will be given the opportunity to fulfill the tax obligations arising during the bankruptcy proceedings.

Lilit Minasyan presented the endorsement of the NA Standing Committee on State and Legal Affairs regarding the initiative.

Work discussion on employment contracts and charitable programs
On December 11, the Chair of the NA Standing Committee on Labour and Social Affairs Heriknaz Tigranyan, the Committee members Zaruhi Batoyan, Gayane Yeghiazaryan, Lilit Stepanyan, Mariam Poghosyan and the representatives of the organization the American Chamber of Commerce AmCham) in Armenia discuss...

It is proposed by initiative to raise state duty rates for transport security
Rates of state duty for temporary security of the goods are established by the legislation in force. The Government proposes to raise the rates set in the amount of 1000 AMD for every tonne and in the amount of 300 AMD for more than every one tonne: The RA Deputy Chairman of State Revenue Committee ...

RA NA President Alen Simonyan receives Head of delegation of France to PACE
On December 11, the RA NA President Alen Simonyan received the Head of the Delegation of France to the Parliamentary Assembly of the Council of Europe (PACE) Bertrand Bouyx. The Head of the RA NA delegation to PACE Ruben Rubinyan also attended the meeting.Welcoming the guest, the RA NA President hig...

RA SRC Deputy Chairman: Purpose of legislative initiative is to raise the administration being implemented by tax body
Administrative responsibility by the legislative initiative of the Government will not be enforced for not paying in the established term the taxes, the duties and the compulsory payments, as well as the common procedure issues will be regulated, the provisions of the implementation of the procedure...

Executive proposes addenda to Law on State Duty
According to the draft, it is proposed to establish new rates of state duty for customs control of those goods imported into the territory of the Republic of Armenia and subject to excise tax, which are subsequently exported from the Republic of Armenia: 10 thousand AMD per ton. This was stated by t...

Initiative aimed at raising efficiency of training and special education of correctional officers
The adoption of the draft is conditioned by providing the procedure of efficiency rise of training and special education of correctional officers. The RA Deputy Minister of Justice Levon Balyan said, presenting the draft law on Making Addendum to the law on Penitentiary Service for debate in the fir...

Amendments to Law on Internal Audit
The Parliament debated the issue of adopting the amendments to the law on Internal Audit in the first reading at the NA regular sitting on December 11. The Deputy Chairman of the RA State Revenue Committee Artur Manukyan clarified that specifying regulations were proposed. According to the current l...

Probation service to become a separate type of state service
On December 11, the National Assembly continued the work of its regular sittings. The draft law on Probation Service and the enclosed legislative package were debated in the first reading.“As a result of the adoption of the package of drafts, in accordance with the Government's programme, it is expe...

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