At the meeting on October 8, the government decided to revise and establish new criteria for issuing a certificate of lawful taxpayer:
Why is this important. The new amendments have raised the allowable threshold for recorded violations, as well as established clear requirements regarding tax losses and the presence of licenses:
Main changes to the criteria.
Increase in the threshold for violations. The maximum threshold for additional obligations arising from recorded violations has been set at 10 million drams instead of the previous 4 million drams:
Absence of tax losses. To obtain the certificate, the company must not have tax losses for the period under review and the preceding 2 tax years:
License requirements. A lawful taxpayer must possess all necessary licenses and permits for their activities:
