Armenpress
TAX SERVICE REPORTS INCREASED TAX COLLECTION
YEREVAN, APRIL 12, ARMENPRESS: The chief of Armenian taxation service,
Felix Tsolakian, reported today to president Kocharian that the service
collected 35 billion drams in tax revenues in the first quarter of the year,
1 billion more than projected. The figure is also by 6.4 billion higher than
was collected in the first quarter of 2004.
He also said 12.9 billion drams were collected in mandatory social
payments in the same time span. This figure is 3.4 billion drams more than
collected in the first quarter of 2004.
President Kocharian was quoted by his press office as saying that the
service should pay greater attention to collection of mandatory social
payments. Kocharian said the service should develop legislative changes to
further improve this practice, based on in-depth analyses of international
practice.