IT’S ENVISAGED TO RELEASE SOME ORGANIZATIONS FROM LAND TAX BY 50%

YEREVAN, August 16 (Noyan Tapan). The draft decision of RA government
“On Ratification of the List of Institutions and Organizations
Released from Land Tax by 50%” was discussed on August 13 at the
office of Hovik Abrahamian, RA Minister of Territorial Government and
Infrastructure Activities. It’s, in particular, proposed to fix in the
decision that for the agricultural, scientific and
educational-practical organizations included into the list the
privilege on land tax amounting to 50% is applied in relation to the
lands, which are exceptionally used for the purpose of scientific and
educational, agricultural, forestry work. It’s also envisaged that
control for purposeful use of lands and amounts of land plots will be
carried out by RA Ministry of Agriculture. According to the Press
Service of RA government, H.Abrahamian gave a number of instructions
on revision of the draft, the results of implementation of which will
be summed up at the nearest sitting.