RA GOVERNMENT CREATES FAVORABLE CONDITIONS FOR JEWELER’S ART DEVELOPMENT

/PanARMENIAN.Net/
21.05.2009 21:42 GMT+04:00

/PanARMENIAN.Net/ The Armenian government approved Thursday a number
of amendments to the law On Income, On Added Value Tax, which will
free jewelry manufacturer from 1% preliminary payment of income tax.

"We create favorable conditions for development of jeweler’s art in the
republic. The legislative changes will help raise competitiveness of
Armenian jewelry," Prime Minister Tigran Sargsyan said, adding that the
government’s decision will be submitted to the RA National Assembly.