Thursday, October 5 2017 18:48
Naira Badalian

The Ministry of Finance of Armenia discussed the possibility of delaying the entry into force of the Tax Code from 2018 to 2019

The Ministry of Finance of Armenia discussed the possibility of  delaying the entry into force of the Tax Code from 2018 to 2019

ArmInfo. The Ministry of Finance  of Armenia discussed on October 5 issues of the entry into force of  the Tax Code, in particular, on the possibility of postponing the  entry into force of the document. The discussion took place at a  meeting of the public council on improving the policy of state  revenues.

According to the press service of the Finance Ministry, proposals to  postpone the entry into force of the Tax Code from 2018 to 2019, as  well as issues of a possible revision of the procedure for  calculating tax liabilities for judicial and extra judicial  confiscations and bankruptcy, the taxation system for real estate and  vehicles, and revision of income tax rates were discussed.

As a result of the discussion, it was decided to continue work on the  revision of the procedure for calculating tax liabilities for  judicial and extra judicial seizures and bankruptcy. At the same  time, the Council considered it inexpedient to change the real estate  tax and vehicles, as well as the revision of income tax rates.

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