ARMENIA: Law on Establishment of Tax Benefits for the Enterprises of the Power System of the Republic of Armenia

Meta Data
Title in national language: 
ՀՀ ՕՐԵՆՔԸ ՀՀ ԷՆԵՐԳԱՀԱՄԱԿԱՐԳԻ ՁԵՌՆԱՐԿՈՒԹՅՈՒՆՆԵՐԻ ՀԱՄԱՐ ՀԱՐԿԱՅԻՆ ԱՐՏՈՆՈՒԹՅՈՒՆՆԵՐ ՍԱՀՄԱՆԵԼՈՒ ՄԱՍԻՆ
Draft: 
No
Revision of previous policy?: 
No
Effective Start Year: 
1998
Scope: 
National
Document Type: 
Law
Economic Sector: 
Power
Energy Types: 
Power
Issued by: 
Government of Armenia
Notes: 
No official English translation available
Source: 
Armenian Legal Information System (AM)
Armenian Legal Information System (RU)
File: 
Law on establishment of tax privileges for the enterprises of the power system of the Republic of Armenia (AM)
Law on establishment of tax privileges for the enterprises of the power system of the Republic of Armenia (RU)
Overall Summary: 
The Law on Establishment of Tax Benefits for the Enterprises of the Power System of the Republic of Armenia defines a list of the enterprises of the power System of the Republic of Armenia exempt from the payment of penalties accrued and unpaid (unrecognized) for the delay in fulfilling the tax obligations under the value added tax as of December 31, 1997.
Pricing
Energy taxation: 
Article 1. Enterprises of the Energy System of the Republic of Armenia (the list is attached to the original of this Law) are exempted from payment of penalties, accrued and unpaid (unpaid) for late fulfillment of tax obligations on value added tax as of December 31, 1997. Article 2. Enterprises selling electricity (according to the list specified in Article 1 of this Law) are exempt from payment of the accrued and unpaid (unrecovered) value added tax for electricity supplied before July 1, 1997 to citizens who have used the discount on payment at a discount, and also from accrued and unpaid (uncollected) fines in this part.