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12.09.2024

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10.01.2024
Standing Committee on Economic Affairs debates legislative packages in second reading
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On January 10, at the sitting of the RA NA Standing Committee on Economic Affairs administrative responsibility will not be applied by the adoption of the legislative package designing amendments and addenda to the RA Code on Administrative Offences debated in the second reading for not paying the duties and compulsory payments within the established term, as well as procedure issues will be regulated. The purpose is to raise the administration efficiency being implemented by the tax authority.

According to the Deputy Chairman of the RA State Revenue Committee (SRC) Artur Manukyan, this administrative tool has no positive influence on taxpayers’ further behavior, by which it is proposed to recognize invalid the norm of this responsibility. He added that rather effective toolset of the fulfillment of the taxpayer’s obligations is in force, daily penalties are also set for the delay. After the first reading amendments were not made. The regulations will enter into force from February 1, 2024.

New manifestations of abuses of negotiating strong position are designed by the legislative package envisaging amendments and addenda to the laws on Protection of Economic Competition and on Trade and Services. The big trade networks should have distinct demands of building economic relations on their websites. The standards and conditions of choosing the supplier’s products, the new suppliers’ entry to the commercial network are designed, and the essential conditions of the contract being signed with the commercial network are specified. The maximum terms subject to the supplier’s payment by the network are set: In case of food products is maximum up to 30 days, and in case of non-food products – up to 60 days.

According to the RA Deputy Minister of Economy Ani Ispiryan, during the period from the first to the second reading two technical amendments were made.

The Committee endorsed the legislative packages.


12.09.2024
Speech by RA NA President Alen Simonyan in the opening ceremony of at 10th Global Conference of Young Parliamentarians of Inter-Parliamentary Union
Distinguished Prime Minister of the Republic of Armenia,Esteemed President of the Inter-Parliamentary Union, Esteemed Secretary General of the Inter-Parliamentary Union,...

12.09.2024
President of Inter-Parliamentary Union Tulia Ackson welcomes the participants of the 10th Global Conference of Young Parliamentarians of the Inter-Parliamentary Union
On September 12, the 10th Global Conference of Young Parliamentarians of the Inter-Parliamentary Union started in Yerevan.The President of Inter-Parliamentary Union Tulia Ackson welcomed the participants of the Conference.“I am deeply honoured to address you today at the 10th Global Conference of Yo...

12.09.2024
Speech by Secretary General of the Inter-Parliamentary Union Martin Chungong at 10th Global Conference of Young Parliamentarians
During the 10th Global Conference of Young Parliamentarians of the Inter-Parliamentary Union Secretary General of the Inter-Parliamentary Union Martin Chungong, in his opening remarks welcoming the attendees, noted that their three-year dream has come true.“As of today Armenia is the youngest parlia...

12.09.2024
10th Global Conference of Young Parliamentarians of Inter-Parliamentary Union. live stream
The live stream of the 10th Global Conference of Young Parliamentarians of the Inter-Parliamentary Union....



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