Archive
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 10.01.2024Issues of banking tariffs, digitalization, cryptocurrencies and financial system debated in NA Standing Committee on Financial-Credit and Budgetary Affairs On January 10, the Chair of the NA Standing Committee on Financial-Credit and Budgetary Affairs Gevorg Papoyan organized a work debate aimed at the reforms of the banking system. The opposition and government deputies, the Governor of the Central Bank, the Deputy Governors, the members of the Centra...  10.01.2024Standing Committee on Economic Affairs Debates Multilateral Agreement on Tax Sector Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports was signed on January 27, 2016. It derives from the strategy of the State Revenue Committee (SRC) and the activity programme of the RA Government for 2021-2026: The Deputy Chairman of the RA State Revenue Commit...  10.01.2024It is proposed not to charge state duty for the first three days of the vehicle maintenance by initiative The initiative is aimed at protecting the entities’ interests. The Chairman of the State Revenue Committee (SRC) Rustam Badasyan said this, presenting for debate in the second reading the addenda being proposed in the law on State Duty.The initiative was debated at the sitting of the Standing Commit...  10.01.2024Standing Committee on Economic Affairs debates legislative packages in second reading On January 10, at the sitting of the RA NA Standing Committee on Economic Affairs administrative responsibility will not be applied by the adoption of the legislative package designing amendments and addenda to the RA Code on Administrative Offences debated in the second reading for not paying the d...  10.01.2024SRC Chairman: Purpose of legislative initiative is expansion of framework of information necessary for tax control The purpose of the draft is the regulation of submitting brief information on the movement of the taxpayers’ bank accounts for integration to the risk management system, as well as the process of submitting bank statements to the tax authority during the tax inspections and examinations: The Chairma...  10.01.2024Legal relations arising during holding temporarily vacant positions of tax and customs services to be regulated The adoption of the draft law on Making Addenda and Amendment to the Law on Tax Service and the package of the attached drafts is conditioned by the necessity to regulate the legal relations arising during the holding of temporarily vacant positions of the tax and customs services. This was stated b...  10.01.2024Executive body proposes to record a video of some parts of control purchase process A number of administrative amendments are designed in the Tax and Administrative Procedure Codes with the legislative package providing for addenda and amendments to the Law on Trade and Services. One of the main objectives of the process of thematic inspections and their results is video recording....  10.01.2024Debates of legislative packages postponed at sitting of NA Standing Committee On January 10, the RA NA Standing Committee on Territorial Administration, Local Self-Government, Agriculture and Environment Protection convened the next sitting. The debates of the legislative packages designing amendments and addenda to the laws on Trade and Services and on Management of Multi-Ap...  10.01.2024Legislative initiative aimed at the rise of tax administration efficiency The goal of the draft law and the enclosed legislative package designing amendments and addenda to the RA Tax Code is the efficiency rise of the administration being implemented by the tax body: The Chairman of the State Revenue Committee (SRC) Rustam Badasyan said this.“If the taxpayers cause tax o...  10.01.2024Income tax refund system not be applied in Aragatsotn, Ararat, Armavir and Kotayk provinces in 2027 according to initiative The Government proposes to gradually reduce the scope of application of the income tax refund system to the amount of interest paid by an individual who is a hired employee for the servicing of a mortgage loan, according to the provinces and years.The addenda to the RA Tax Code stipulate that...  10.01.2024It is proposed to organize trade activity in customs zones of state or community property on the basis of competition It is proposed by the draft to organize the implementation of the trade activity in the customs control zones of state or community property on the basis of the competition established by the Government. Lease contracts will be signed directly with the persons who won in the competition. The Chairma...  10.01.2024In 10 years, only 4 organizations have used tax privilege: It is proposed to remove privilege With the amendments envisaged in the Tax Code of the Republic of Armenia, it is proposed to revoke the privilege of deducting from the amount of profit tax the amount of additional salary and payments equal to it, calculated in terms of new jobs created within the scope of the business project by th...  10.01.2024It is proposed to take a unified approach to CIS participant states when documenting persons who are subject to forced deportation The purpose of the Agreement is to create effective cooperation mechanisms in the documentation of persons who are subject to forced deportation. The Deputy Minister of Internal Affairs Arpine Sargsyan said this during the regular sitting of the NA Standing Committee on Foreign Relations, which was ...  10.01.2024Committee debates protocol on readmission of persons residing without authorization between governments of RA and Austria The experience shows that similar agreements boost laying more constructive basis for the dialogue of visa liberalisation between the Republic of Armenia and the European Union. This allows underlining the readiness of the Republic of Armenia to receive the persons, who irregularly have settled in d... |
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