  Paper: new tax law to adversely affect small businesses December 18, 2012 - 12:18 AMT PanARMENIAN.Net - Armenian law on “tax turnover” will enter into force starting Jan 1, Haykakan Zhamanak daily reported. Though the ruling authorities claim the law will ease the tax burden for small businesses, in fact just the opposite will happen. It will cause tax hike for the target group, with the state budget to get no replenishment, however. The bill will be approved on second reading at a special parliamentary meeting, the paper says.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Armenia, Turkey discuss restoration of historic bridge  The meeting took place on May 17 in Ashgabat on the sidelines of an international conference of ministers of culture.EU welcomes Armenia-Azerbaijan “progress” The EU has welcomed “progress” made in the framework of the Armenia-Azerbaijan border delimitation process.Belarus opposition leader slams Lukashenko for Karabakh trip Belarusian opposition politician Sviatlana Tsikhanouskaya has harshly criticized the visit of Lukashenko to Karabakh.Mkhitaryan raises arrest of former Karabakh leaders in Azerbaijan Inter Milan star Henrikh Mkhitaryan has shared a news story about the extension of the arrest of former Karabakh leaders. |
