Head Of OSCE Yerevan Office: Armenia Ranks The 150th In The World By

HEAD OF OSCE YEREVAN OFFICE: ARMENIA RANKS THE 150TH IN THE WORLD BY INDEX OF PAYING TAXES

Arminfo
2008-10-07 19:08:00

ArmInfo. Armenia ranks the 150th in the world by the index of paying
taxes, say the data of Doing Business-2009 ranking, Head of OSCE
Yerevan Office, Ambassador Sergey Kapinos told media Tuesday. As
regards tax reforms approved by the Government of Armenia, Ambassador
Kapinos said that unawareness of the small and medium-scale enterprises
in Armenia of tax legislation of Armenia makes the country vulnerable
against corruption risks. Just for this purpose, he said, OSCE Yerevan
Office jointly with the National Center for SME Development in Armenia
issued a guidebook on tax reforms for businessmen (20,000 copies). The
more businessmen will know the less space will remain for corruption
risks, the Ambassador said.

As regards Doing Business rating, S. Kapinos said the index of paying
taxes must be in the focus of attention since Armenia seriously yields
to other states. In general Armenia ranks the 44th but the low index of
paying taxes make seriously thinking over the necessity of improving
the tax administration. One of the key efficiency factors of the
latter is awareness of business-sectors of reforms, S. Kapinos said.