“Car Importers Protest Against New Draft Law on Customs, Demand Exemption from Taxes”
Car import and sales companies protest new draft law on customs, demanding exemption from 20% duty and 18% VAT to protect financial strength. Customers waiting for cars are also affected. A statement will be submitted to the President requesting cancellation of the law. Changes to Tax Code starting Dec 1 will require a 20% profit, with 18% going towards duty and VAT. Car importers will have to sell at higher prices due to additional taxes.
Tragedy Strikes in Yerevan: Construction Worker Plunges to His Death from Elite Building
Tragic incident in Yerevan as construction worker falls to death at 46 Republic Avenue. Arsen T., a 32-year-old resident of Ararat province, pronounced dead at the scene. Details by Shamshyan.com.