YEREVAN, MARCH 22, NOYAN TAPAN. The fairs functioning in Armenia are taxed, last year they paid fixed payments of 2 bln drams (about 5.5 mln USD). Deputy Head of the RA State Tax Service Armen Alaverdian told this to reporters on March 22. In his words, the goal of tax bodies is to clarify problems related to taxation of persons who conduct constant business activity at fairs. Particularly, if the matter concern a legal entity, certain taxes must be collected in addition to the sum paid to the fair's organizer, while natural persons must get respective state registration. A. Alaverdian noted that tax bodies started the installation of cash registeres in fairs and other trade points - more than 400 cash registers have already been installed. According to him, this process will continue this year and finish in 2008. It was mentioned that in January-February 2007, revenues and social payments collected by tax bodies exceeded by 8.5 bln drams and 2.2 bln drams the respective indices of the same period of last year.

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