Tax burden facilitation for M&S business entities allowed for their resistibility increase in 2009December 25, 2009 - 16:43 AMT PanARMENIAN.Net - 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. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Armenian, Iranian foreigh policy chief talk over the phone The Foreign Minister of Armenia once again expressed condolences to his counterpart on the death of the President of Iran. Armenia, U.S. customs authorities to boost assistance with new deal The government has approved an agreement with the U.S. government on mutual assistance between the customs authorities. Armenian government besieged by protesters Protesters led by Archbishop Bagrat Galstanyan poured into Yerevan’s Republic Square to try to surround the seat of Armenia’s government. EU calls on Azerbaijan to release all political prisoners The European Union calls on Azerbaijan to release all those imprisoned for exercising their fundamental rights. |