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Payments of reimbursements for VAT were unquestionably increased

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20.09.2018
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Payments of reimbursements for VAT in 2018 have unquestionably increased. Arman Mirzoyan, the head of the department on writing off and refunding taxes at the State Revenue Committee of Armenia, told this in an interview with journalists.

"During the first 8 months of 2018, 56.550.0 million drams were contributed to the account of transactions with zero VAT, this is a significant growth compared to the same period in 2017, when this figure was 37.115.0 million drams, in percentage growth was 52.0% ", Said the head of the department on writing off and refunding taxes at the State Revenue Committee of Armenia Arman Mirzoyan.

According to him, this creates favorable conditions for doing business, especially small and medium-sized businesses.

As the head of the department for writing off and refunding taxes at the State Revenue Committee of Armenia Arman Mirzoyan said, discussions are currently underway to ease the conditions for taxation under simplified procedures, which will give benefits to a larger number of taxpayers.

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