A consultation was held under the leadership of Prime Minister Nikol Pashinyan, during which the package of bills adopted by the National Assembly in the first reading was discussed, which propose revising the turnover tax rates.
In particular, reference was made to the turnover tax system, existing problems and their possible solutions, a discussion was held on tax policy issues.
The Prime Minister noted that it is necessary to formulate the motivations correctly and emphasized that the government has adopted a policy according to which the turnover tax should be completely abandoned in Armenia, because it deforms the economy, the tax system, and creates an unhealthy economic environment.
According to Nikol Pashinyan, it should be implemented in a phased manner and move to unified single tax system.
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As a result of the discussion, the Head of the Government instructed to continue the implementation of the necessary steps towards the improvement of the tax sector.
INFORMATION AND PUBLIC RELATIONS DEPARTMENT OF THE OFFICE OF THE PRIME MINISTER OF THE REPUBLIC OF ARMENIA
