January 13, 2018, 12:34 Economy

Privileged tax field formed for business development in Artsakh

In Artsakh quite a privileged tax field has been formed for business development.

January 13, 2018, 12:34

Privileged tax field formed for business development in Artsakh

STEPANAKERT, JANUARY 13, ARTSAKHPRESS:Artsakh Finance Minister told reporters about the aforementioned.

In his words, new, tangible changes have been made in this direction since January 1, 2018. Particularly, terms of tax privileges operating in a number of spheres have been extended. Terms of exemption from value-added tax (VAT) will be extended until January 1, 2021 in a number of directions including sale of agricultural products produced in the republic, irrigation water supply transactions by water using companies and house-building. Some liability measures have been mitigated and misinterpretations and ambiguities in the tax legislation have been regulated.

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