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Official News

Wednesday, 8 April 2009

Today the Business Support Council (BSC) has met, chaired by chair, RA Prime Minister Tigran Sargsyan.

The Council only had the time to review the status of about a dozen of directives issued at the previous meeting. Council Secretary, Director General of Armenian Development Agency CJSC Robert Harutunyan reported that the bulk of these directives have been fulfilled in a timely manner. It has been noted that in particular that the Ministry of Finance deems it expedient to further improve the regulations concerning the settlement of import-related VAT arrears. As a priority task, the Ministry suggested to take up the matter under the draft Special Part of the RA Tax Code.

Regarding a second proposal made by the Director General of Electro-Device OJSC and the Executive Director of Armenia Copper Program CJSC, RA Deputy Minister of Finance Suren Karayan was instructed to hold another discussion with the authors of the proposal and report back its outcome to the Council during the next meeting.

Suren Karayan and Deputy Head of State Revenue Committee by the Government Armen Alaverdyan were told to discuss once again the proposals submitted by the Executive Director of Armenia Copper Program CJSC concerning the process of providing incentives for tax and customs officers, as well as regarding the question of eliminating the existing direct correlation between the sums collected as a result of irregularities identified with taxpayers and the proceeds of tax inspectors’ material incentive fund.

With reference to the package of research-based proposals on improved VAT application procedures within the banking system, the President of the Armenian Bankers’ Union was told to take up the matter once again with the Ministry of Justice, the State Committee on Immovable Property Cadastre by the Government and the RA Police in order to report back the outcome during the next meeting.

It has been decided to postpone the discussion of other agenda items until the next meeting of the Council.
 

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