Epress.am News from Armenia
Reducing Income Tax May Lead to Increase in Shadow Economy: MP
The bill the government is proposing aims to reduce income tax from 3.5% to 1% for those business entities that have an annual turnover of 58.3 million AMD.Read More »
Armenian Government Declares War on Shadow Economy to Collect Millions in Taxes
To fight the shadow economy, the Armenian government won't take legislative initiatives, but will go into dialogue with entrepreneurs, said RA Deputy Minister of...Read More »
Poverty on the Rise, So Too the Rich: Debate
"The government anticipated that in 2012, the poverty indicator in Armenia was to go down, but the fact is that instead of the previous 11.2% indicator ...Read More »
Azerbaijan Too Drunk on Oil Wealth to Think About the Future: The Economist
An oil windfall since the main export pipeline began operations in 2006 has transformed an unloved Soviet city into a glitzy capital, often with...Read More »
Shadow Economy Can’t be Eliminated, But It Can be Reduced, Insists MP
"There are shadow economies in every country — what we're talking about is consistently decreasing it. It's obvious that the shadow economy is...Read More »
At Whose Expense will Armenia State Revenue Increase in 2012? Economist Offers Opinion
Economist, former mayor of Yerevan and current member of the opposition bloc Armenian National Congress (HAK) Vahagn Khachatryan...Read More »