“Armenia Proposes Administrative Response to Accuracy of Taxpayer Information”
Armenia proposes administrative response to inaccurate info from taxpayers. Govt suggests correcting or supplementing incorrect tables for tax analysis. Fines for non-compliance start at 10,000 drams. Non-functional provisions to be excluded. Responsibility lies with company manager or chief accountant.
“Armenian Tax Administration Considers Imposing Physical Punishment for Tax Evasion”
Tax administration in Armenia could impose physical punishment for tax evasion, according to the head of the State Revenue Committee. Proposed changes aim to align the tax code with working norms and establish effective tax administration. Investigations and research, along with electronic reporting, would be conducted before penalties are imposed. The goal is to deter tax evasion and ensure compliance with tax obligations.