09/10/2014 18:04
Amendments to Law on Turnover Tax postponed
At the government session today, Armenian Ministry of Finance presented a draft decision on amendments to the Law on Turnover Tax, by which the requirement on stock taking for small businesses starting from the first ten-day period of 2014 has been postponed until February 1, 2015.
Deputy Finance Minister Armen Alaverdyan said that the requirement does not apply to the remainder of the goods as of any day until February 1, 2015.
Representatives of SMEs earlier staged protests demanding cancellation of the amendments to the tax law.