RESETTLERS EXEMPT FROM TAX ON LAND

Azat Artsakh–Nagorno Karabakh Republic (NKR)
16-04-2004

According to the law adopted by the NKR National Assembly, the
resettlers will be exempt from the tax on land for five years. The
chairman of the permanent committee of finance and budget questions
and economic management M. Danielian explained that according to the
agreement with the resettler he receives land which he can privatize
in five years in case of following all the points of the
agreement. During these five years he is exempt from the tax on land.

NAIRA HAYRUMIAN.
16-04-2004