Tax burden on small businesses increased – Armenian MP

Tax burden on small businesses increased – Armenian MP

May 22, 2013 | 12:42

YEREVAN. – Representatives of small business complain that the tax
burden has increased from June 2013, MP Edmon Marukyan said in the
parliament.

The increase occurred after the turnover tax was introduced. Edmond
Marukyan said he took part in the debates on introducing turnover tax
and initially had the impression that it is useful.

`But now they either do not give a receipt of cash machines, or work
at a loss. I am asking to review 3.5% tax as it is a burden for small
business,’ he said, addressing Armenian Premier.

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