Armenia’s Government Reduces Investment Requirement For VAT Defermen

ARMENIA’S GOVERNMENT REDUCES INVESTMENT REQUIREMENT FOR VAT DEFERMENT

YEREVAN, April 17. /ARKA/. Armenia’s government decided to reduce
the minimum investment requirement for a three-year deferment in VAT
payments from 300 million down to 200 million drams at its sitting
Thursday.

The VAT deferment was granted if an investment program exceeding 300
million drams was submitted or approved.

The bill envisaging reduction of the requirement to 200 million was
adopted by the parliament and is now reflected in the respective
government decree, acting minister finance of Armenia David Sargsyan
said at the government meeting. ($1=414.27drams). -0–

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From: Emil Lazarian | Ararat NewsPress

http://arka.am/en/news/economy/armenia_s_government_reduces_investment_requirement_for_vat_deferment_/#sthash.t7X9j7fe.dpuf

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS