ArmInfo.For law-abiding and respectable taxpayers of Armenia, favorable conditions for economic activity will be created. The government of the country at a meeting on January 27 approved amendments to the Tax Code and the law "On Holidays and Memorable Dates."
According to the Chairman of the RA State Revenue Committee Edward Hovhannisyan, the package envisages introducing a system of encouraging conscientious taxpayers, which is based on the idea of voluntary fulfillment of tax obligations. This is necessary in order for the taxpayer to realize that tax discipline is not only an obligation, but also a responsibility. Those entities that have received certificates of good taxpayers will receive certain VAT benefits. The conditions of benefits will be established by government decisions. At the first stage, subjects of foreign economic activity will be able to take advantage of the benefits.
The head of the KGD noted that in 2020 220 applications for the recognition of respectable taxpayers were submitted, of which 140 applications were satisfied.
Edward Hovhannisyan also said that April 19 will be celebrated annually in Armenia as the Day of the Taxpayer. On this very day - April 19, 1992, the first edition of the Law "On Taxes" was adopted. Thus, the government of the country intends to pay tribute to all business entities who, by paying their taxes, have contributed and contribute to the development of the state.
In this regard, RA Minister of Finance Atom Janjughazyan hastened to remind that the new holiday does not envisage its recognition as a non-working day.
RA Prime Minister Nikol Pashinyan noted that during the war there was a change in the behavior of taxpayers, showing a high level of discipline.