By the order of RA Minister of Finance a series of informational meetings titled “Tax legislation and administrative updates relating to Armenia’s accession to Eurasian Economic Community” were held during January 19-27 in a number of cities. The aim is to raise taxpayers’ awareness regarding changes of tax and related legislation changes effective since 2015 and regarding administrative updates. Ministry’s specialists presented the most important provisions which Armenian businessmen need to know for calculating tax liabilities for the coming months: also, clarifications were given to questions raised on the spot. The Media Department of the Tax Service of the republic of Armenia Informs.
Starting from January 2, 2015 Armenia is a member of Eurasian Economic Community. A number of legislative changes were adopted in the end of last year to prepare for the process. According to Head of Revenues Policy, Assessment and Disciplinary Programs Department of MF Arman Poghosyan, particularly the following laws were adopted: the new law “On customs regulation”, which actually replaces the Customs Code, the new law “On peculiarities of calculation and payment of indirect taxes between RA and EurAsEC member states”, as well as amendments were made to RA laws “On value added tax” and “On excise tax”, by which, according to Arman Poghosyan, the procedures for import and export were reviewed: “The legislative amendments stipulate that economic units should submit to the relevant tax body 2 main documents, that is tax import declaration and statement on goods import and payment of indirect taxes. The documents should be submitted by 20th of the month following the month containing the import date, and customs payments should be made accordingly.” In case of export the approaches of application of zero VAT rate and exemption of excise tax have maintained, for which only 2 documents are required, that is tax declaration of goods export and foreign partner’s statement on goods import and on payment of indirect taxes. Economic units should submit these two documents to the tax body at the same time during 180 days following the day of actual exportation from RA territory. No customs formalities are carried out for export of goods to and import of goods from EurAsEC member states. Taking into account the absence of common border between the Community and RA the goods shall be registered only under “transit” customs procedure and transported by applying identification means. No customs dues shall be calculated and charged for the export and import of goods to EurAsEC member states.
It should be mentioned that awareness meetings were held in Yerevan – at tax inspectorates of Large Taxpayers, Kentron, Mashtots, Arabkir, Nor Nork, Erebuni, Shengavit – and in marzes – in territorial tax inspectorates of Vanadzor, Ijevan, Ashtarak, Gyumri, Kotayk, Hrazdan, Nairi, Gavar, Sevan, Ejmiatsin, Armavir, Artashat, Yeghegnadzor, Goris, Kapan.
Photo: taxservice.am
