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Accountants face problems resulted by new Income Tax

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Under the newly amended Law on Income Tax, starting January 1, 2013, all taxpayers in Armenia are to submit tax invoices to the tax authorities in an electronic version.

The new law has created additional difficulties for accountants as it stipulates that they must acquire electronic codes and ID cards.

"We are facing problems connected with the acquisition of the ID cards," accountant Grigor Arakelyan told A1+.
In order to receive an ID card the accountant filed an application with the Passport and Visa Department of the Armenian Police ten days ago. Mr Arakelyan says ID cards are issued within a month, if the taxpayer pays the fixed 20 000 drams for the state property and another 3 000 drams mandatory for all taxpayers, than he receives the ID card within a day.

"If it is possible to give ID cards in one day, what is the use of delaying the process? There are problems even in tax offices. You will hear them complaining of programs on and off," he said repeating that ID cards are issued by the Passport Department.

The police promised to answer our questions after the February 18 presidential election. Police spokesman Ashot Aharonyan said passport departments will work twenty four hours in the coming days.

Grigor Arakelyan was told to return after the ID card on February 18. This implies that the company, Arakelyan is working with, will be fined as the account is to submit the electronic tax invoice before February 20.

The accountant believes that only the government can save the taxpayers from the pending fines by extending the deadline for submitting tax invoices.