Tuesday, January 12 2021 14:58

ArmInfo. Armenia managed to  close 2020 with a high level of tax discipline. On January 12, RA  Deputy Minister of Finance Arman Poghosyan stated this to  journalists.  According to him, this is largely due to the growth of  self-awareness on the part of business entities and the strengthening  of tax administration. As the Deputy Minister stressed, the budget  process is proceeding normally.

Answering the question about budgetary prepayments allegedly made by  taxpayers several months in advance, Arman Poghosyan noted that  today, even theoretically, this is impossible. Payments are made  monthly, depending on tax values based on tax calculations. Even if  an economic entity has made a calculation for several months in  advance, the specified amount is not transferred to the state budget,  but remains on its single account with the right to use it for other  purposes, Arman Poghosyan added.