ArmInfo. 20 economic entities of Armenia have been provided with a "law-abiding taxpayer" status, the press office of the State Revenue Committee of Armenia has told ArmInfo.
On February 14, Chairman of the State Revenue Committee Vardan Harutyunyan awarded certificates to the taxpayers, which meet the status of "law-abiding taxpayer". "Along with the names of the organizations operating in the shadow, it is also necessary to inform the public also of the economic entities, which carry out their obligations conscientiously," Harutyunyan said, expressing his gratitude to them.
26 taxpayers have applied to the State Revenue Committee. 20 of them paid taxes, fines and other payments in due time. The lack of violations and debts to the state budget is also a crucial factor. "By carrying out the Prime Minister's instruction, the State Revenue Committee worked out the order of provision of the specified status and the Central Bank took efforts to give the economic entities an opportunity to use privileges of the banking services," Harutyunyan stressed.
Deputy Chairman of the State Revenue Committee Vakhtang Mirumyan said that according to the official stand of the Central Bank, the banks will apply softer risk criteria with respect to law-abiding taxpayers. "The law-abiding taxpayers should have a relevant status," he said.
To recall, on 10 Nov 2016, Armenian Prime Minister Karen Karapetyan said that the State Revenue Committee of Armenia is going to introduce the concept of a "law-abiding taxpayer". He added that the goal of the Committee is to differentiate the taxpayers in order to facilitate the lending to the law-abiding group so that they can enjoy loans on privileged terms of the commercial banks of Armenia. CBA Chairman Arthur Javadyan, in turn, noted that to motivate such companies, it is possible to create a system of preferences by introducing certain changes in the banks' regulations.