Provisions of the RA Tax Code

On July 9 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: - Issuance of tax invoices and adjusting tax invoices (article 66); - Restrictions on issuance of tax invoices (article 67); - Confirmation of tax invoices (article 68); - Reporting period (article 69); - Procedure for calculation of the amount of value-added tax subject to payment to the State Budget (article 70); - Procedure for offsets (reductions) of value-added tax (article 71); - Restrictions on offsets (reductions) (article 72). 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.