G. Tolosa: tax collection level in ROA lower than in African countri

Guillermo Tolosa: tax collection level in Armenia is lower than in
African countries

April 9, 2010 – 16:53 AMT 11:53 GMT
PanARMENIAN.Net –

Mr. Guillermo Tolosa, Resident Representative of the International
Monetary Fund (IMF) in RA, said that the correlation of tax collection
level against the economy’s volumes is rather low in Armenia, even
lower than in African countries.

`Unfortunately, I should note that the measures, undertaken by the
Armenian government, supported by the IMF and aimed at improving the
system of tax administration, have not yielded the expected result.
Some governmental reforms were implemented slower, than expected,’ he
said.

Mr. Tolosa also stated that he shares the authorities’ concerns
related to the low level of tax collection from large businesses. `The
activity of the RA State Revenues Committee department dealing with
large tax-payers shall become more active,’ he said.