  VAT, income tax exemption for small & medium businesses in Armenia November 22, 2012 - 19:22 AMT PanARMENIAN.Net - Armenian government adopted a number of amendments to tax legislation to promote improvements in the country's tax and customs administration. According to Finance Minister Vache Gabrielyan, the amendments envisage VAT and income tax exemption for small & medium businesses in Armenia. The amendments will also stipulate for a number of restrictions and fines, as well as additions to a list of excisable goods. Partner news  Top stories Tigran Sargsyan noted that the new plant will be constructed after the current one is finally out of operation. IFC invested $244 million in 40 projects across a range of sectors, including financial markets, manufacturing, and mining. Armenian Prime Minister addressed a letter to Public Services Regulatory Commission over the reconsideration of gas prices. Armenia’s Public Services Regulatory Commission plans to reconsider electricity generation and distribution prices.   Partner news |  Latest news Penguin reaches $75mln agreement in iBooks price fixing lawsuit  In a press release, Penguin's parent company, Pearson, noted it had made a $40 million provision for settlement in its 2012 accounts.Diplomats say Iran installed 700 high-tech centrifuges The new IR-2m centrifuges are believed to be able to enrich two to five times faster than the old machines.FBI agent kills man in Boston bombings case The agent shot in self-defense in the incident, which occurred at Todashev's house, the law enforcement source said.Armenia loses to Switzerland at Hungary-hosted football tournament Armenia’s U 17 football team lost to Switzerland 1:6 at Hungary tournament, with Armenia’s only goal scored by Davit Terteryan. |
