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New software allows Armenian businessmen to receive online data about their businesses

04.05.2011, 17:31
Introduction of a new software at the State Revenue Committee (SRC) will allow Armenian businessmen to receive online data about the status of their businesses through special codes.
YEREVAN, May 4, /ARKA/. Introduction of a new software at the State Revenue Committee (SRC) will allow Armenian businessmen to receive online data about the status of their businesses through special codes, according to a press release of the SRC. The new software offers improved online contacts between taxpayers and taxation authorities.

SRC chairman Gagik Khachatrian who met with heads of local commercial banks, was quoted as saying that a total of 118 measures are planned to be implemented as part of customs and tax reforms, including introduction of a new service format in taxation area ensuring online communication between taxpayers and tax authorities. In his words, about 90% of all operations are performed electronically.

Ashot Osipyan, chairman of the Union of Armenian Banks, said local banks are well aware about the advantages of online communications because they submit their tax reports electronically.

According to the press release, bankers spoke about legislative problems impeding business development and suggested possible ways of their solutions.

According to SRC data, Armenian commercial banks are one of the largest corporate taxpayers. In 2010 they paid a total of 12.9 billion Drams in taxes. ($1 – 371.82 Drams) -0-