Tax burden facilitation for M&S business entities allowed for their resistibility increase in 2009
Tax burden facilitation for medium & small business entities allowed for their resistibility increase in 2009, Armenian Prime Minister Tigran Sargsyan said.
"32 000 medium & small business entities were granted favorable VAT terms; at the same time, the taxation limit was raised from AMD 3 million to 58 million," Tigran Sargsyan told a news conference in Yerevan.
In crisis and facilitated tax burden circumstances, 32 000 M&S business entities in Armenia failed to pay taxes to the total amount of AMD 24 billion. "Tax burden facilitation for M&S business entities allowed for their resistibility increase in 2009," he emphasized.
Besides, around AMD 20 billion overpayments are returned to private sector, to improve their financial situation, the Premier noted.
"32 000 medium & small business entities were granted favorable VAT terms; at the same time, the taxation limit was raised from AMD 3 million to 58 million," Tigran Sargsyan told a news conference in Yerevan.
In crisis and facilitated tax burden circumstances, 32 000 M&S business entities in Armenia failed to pay taxes to the total amount of AMD 24 billion. "Tax burden facilitation for M&S business entities allowed for their resistibility increase in 2009," he emphasized.
Besides, around AMD 20 billion overpayments are returned to private sector, to improve their financial situation, the Premier noted.
