On February 24, at the sitting of the NA Standing Committee on Economic Affairs moderated by Vahe Hakobyan the draft law on Making Amendments and Addenda to the RA Tax Code was debated in the first reading.
The Chairman of the RA State Revenue Committee Rustam Badasyan has noted that the adoption of the draft law is conditioned by the aggressive tax planning from the entities, preventing the cases of evading the income tax payment and the necessity of the regulation of some issues of tax calculation.
The Deputy Chair of the Standing Committee on Economic Affairs Babken Tunyan touched upon the issue of having a common declaration system of the incomes, noting that in case of active and passive incomes there should not be difference. “If the person receives income, that income should be taxed in united rate,” the Deputy Chair noted.
The Chairman of the RA State Revenue Committee noted that the bill should be entered into force on January1, 2023.
The draft law was endorsed.
The Committee debated in the second reading and endorsed the draft law on Making Amendments and Addenda to the RA Tax Code.
The key rapporteur, the Chairman of the RA State Revenue Committee Rustam Badasyan has noted that it is designed to expand the list of the documents subject to notification via electronic way to the taxpayers. As a result of amendments, an opportunity will be given to the taxpayers to present their objections to the tax body via electronic governance tools of submitting the reports of the tax body.