COMBINED EFFORTS TO SETTLE TAX ISSUES CAN CONTRIBUTE TO BUSINESS DEVELOPMENT IN ARMENIA: PRIME MINISTER

ARKA
June 24
YEREVAN

Combined efforts to solve tax administration problems will create
favorable conditions for business, RA Prime Minister Tigran Sargsyan
said today during his meeting with local businessmen.

In his turn, Chairman of the Union of Manufacturers and Businessmen
of Armenia (UMBA) Arsen Ghazaryan said it is high time the government
knew what businessmen think of tax administration.

He believes the only way-out is to make public the real economic
capacities of the country by means of proper tax administration.

Legal business activities are the only guarantee on economic
development, and the country can fight shadow economy with the help
of extensive document circulation, according to Ghazaryan.

He said the government has adopted a strong, even revolutionary
tax policy.

"We welcome this policy and are ready to support the government
by holding consultations, sharing experience and making remarks,
sometimes critical ones," the UMBA Chairman said.

The Supreme Council for Income Management Culture was established
in Armenia on June 19. The council’s objective is to build up public
trust in tax and customs administrations.