HOW WILL ADDITIONAL BILLION DRAMS FOR SOCIAL PAYMENTS BE COLLECTED?

KarabakhOpen
20-12-2007 12:03:42

Next year the government estimates budget receipts at 20 billion drams,
which is up by 8 billion from this year. In addition, 65 percent of
it is return on tax. In 2008 the government estimates to collect 4,3
billion of social payments, which is up by 1 billion compared to this
year. How does the government intend to collect this sum?

Yesterday the government passed a law according to which the social
tax of 13 percent is raised to 15 percent. The chair of the National
Assembly Committee of social affairs Arpat Avanesyan says this bill
caused heated debate in the commission. "But they explained why we
need that so well that we agreed," Arpat Avanesyan said.

We do not know how the members of government explained the necessity
for raising taxes but it is clear that businesses are going to have
hard times.

To collect an additional billion of the social tax, it is necessary to
create hundreds of jobs, small and medium-sized businesses. Otherwise,
one billion will be collected through stiff tax administration
and fines.