GOVERNMENT TURNS DOWN BILL ON LUXURY TAX

/ARKA/
April 15, 2010
YEREVAN

The government of Armenia has turned down a bill on luxury tax proposed
by an independent parliament member Viktor Dalakian.

‘Of course, in view of the polarization of the Armenian society and
poverty level, the government is concerned over this issue as much
as Mr. Dalakian, but we did not like the solution proposed by him,’
prime minister Tigran Sarkisian said. He said before developing such a
bill its author should have learned the experience of other countries.

According to Dalakian’s bill, luxury goods are land plots, apartments,
private mansions, cars, money and securities, motor boats, paintings,
sculptures of high value.’ The bill calls for taxing owners of
apartments which are over 40 square meters if less than three people
live in it.