YEREVAN, NOVEMBER 11, NOYAN TAPAN. The purpose of discussion of legislative packages to promote financial stability of non-governmental organizations (NGOs) is to present the idea of the Law on One Percent, NGOs' right to engage in direct entreprenueral activity, the legislative drafts regulating them and machanisms of use. Karen Sargsian, expert of the program "Financial Stability of NGOs in Armenia", stated this at the November 10 round table organiazed by the NGO "Professionals for Civil Society" (PFCS). According to him, the Law on One Percent that is in effect in Hungary, Slovakia, Poland, Romania and Lithuania is a tax and legal mechanism by which the tax payer gets the right to allocate 1% of the income tax to be paid to the state to a non-commercial organization. The legislative drafts on making amendments and additions to the RA Law on Income Tax and the RA Law on Non-Governmental Organizations were developed by the lawyers of this program implemented with the assistance of the USAID and the Counterpart International/Civil Rights Protection Support Program. These drafts were submitted to the National Assembly in 2005. However, according to Chairwoman of the PFCS Tsovinar Sukiasian, until now there has been no response.

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