Provisions of the RA Tax Code

On July 16 2022, the ASSOCIATION OF ACCOUNTANTS OF ARMENIA hosted Vakhtang Mirumyan, a recognized expert in the tax field, Head of the ACCOUNTANTS AND AUDITORS TRAINING-CONSULTING CENTER. The seminar was filled with heated discussions and brainstorming. Mr. Mirumyan presented the following provisions of the RA Tax Code to the member accountants of the Association: - Procedure for reformulation of liabilities and offsets (reductions) (article 73); - Procedure for calculation of the amount of value-added tax subject to compensation from the State Budget (article 74); - Submission of unified calculation reports of value-added tax and excise tax (article 75); - Application of zero rates of value-added tax against the tax base of the transactions on the supply of goods exported to EAEU member states (article 76); - Documents submitted to the tax authority in case of importing goods from EAEU member states (article 77). Association member accountants received answers to legislative questions bothering them, as well as interpretations of several controversial provisions. Regional accountants-members of the Association also participated in the seminar remotely.