ArmInfo.In the first 6 months of 2021, 169 economic entities submitted applications for obtaining a certificate of a law-abiding taxpayer to the State Revenue Committee (SRC) of Armenia, 111 of them were satisfied. The certificate of a law-abiding taxpayer is issued for a period of 1 year.
The press service of the Committee reminds that in order to be considered a law enforcement, law-abiding taxpayer, a business must timely submit all tax returns, reports required by law, as well as fulfill tax obligations and not have violations established by tax and customs legislation.
Significant changes have also been reported this year. The amendments of May 5 established not only Taxpayer Day (April 19), but also a number of preferences for this group of taxpayers. So, the funds on a single account will be returned to them within 10 days after receiving the relevant application. For transactions subject to a zero tax rate, in cases established by the Tax Code for VAT or VAT refunds, subject to offset from the budget, funds are credited to a single account in a simplified manner on the basis of applications for an amount of up to 60 million AMD.
Applications of law-abiding taxpayers that come to the commission on appeal of tax and customs authorities are considered and decisions are made on them within 15 days, in other cases - 30 days.
"Another advantage is that the certificate is taken into account by the banking system: in obtaining a loan, it increases the confidence of partners, and government bodies, carrying out administration, can apply more simplified and favorable procedures," the SRC said in a statement.
