Armenia To Introduce Tax Policy Impact Model

ARMENIA TO INTRODUCE TAX POLICY IMPACT MODEL

PanARMENIAN.Net
28.10.2009 16:04 GMT+04:00

/PanARMENIAN.Net/ By the recommendation of Economy Ministry, Ameria
company is conducting a survey among Armenia’s big taxpayers. "The
survey aims at collecting data for creating a general economic
equilibrium model," Head of Ameria consulting told a PanARMENIAN.Net
correspondent.

General balance calculation model will be used for analyzing the
impact of tax policy changes upon the country’s economic growth. The
new model, according to company Head, will help predict economy’s
situation in case of changing data entry system, particularly in tax
sphere. "For instance, if we reduce GDP from 20% to 18% or increase
or decrease income tax, how it will impact the country’s economy,"
Sahakyan said.

The survey is conducted within the frames of a WB Institutional
Development Fund’s grant program with the purpose of supporting RA
Economy Ministry’s analytical capacities through providing reliable
information for the General Balance Equilibrium Model based on
survey results.

Ameria is a leading consulting company on Armenian market actively
working in spheres of corporate restructuring, merging and absorption,
legal consulting, direct and portfolio investments, business planning,
strategic and tax planning, financial consulting, state administration
and reforms.