CHAMBER OF COMMERCE AND INDUSTRY OF THE REPUBLIC OF ARMENIA

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Business – Tax discussion

Business – Tax discussion

On May 5 the entrepreneurs with the participation of President of RA National Assembly Standing Committee on Economic Affairs Mr. Vardan Ayvazyan, Members of RA National Assembly Mr. Martin Sargsyan, Mr. Khosrov Harutyunyan, Mr. Garegin Nushikyan and Deputy Head of RA State Revenue Committee Mr. Vakhtang Mirumyan discussed actively the draft law on alternative way for running RA tax inspections in RA Chamber of Commerce and Industry. The discussion was rather frank and constructive. And since the scope of discussed issues was very extensive, President of RA Chamber of Commerce and Industry, Member of RA National Assembly Mr. Martin Sargsyan proposed to make the discussions periodic and thematic for the entrepreneur to get possibly comprehensive answer. A group of businessmen proposed to make the inspections by the licensed private organizations not state ones evaluating the idea of alternative option. Active discussions turned to variants for applying fines and penalties during the alternative inspections. The thing that the field is not equal for everyone in terms of risk was concretized and new rules of game should be developed. There were suggestions for developing a conception for business-tax cooperation and making tax amnesty.

The dialogue was frank and was often ending by the approximation of opinions and viewpoints. Both businessmen and guests assessed the meeting very favorable expecting regular organization of such initiatives.

President of RA Chamber of Commerce and Industry, Member of RA National Assembly Mr. Martin Sargsyan informed that the businessmen’s positive comments and recommendations will be classified and submitted to National Assembly for amending the draft law.