Global Forum on Tax Transparency assists Armenia for the implementation of the international tax transparency standards
12/06/2019 - The Secretariat of the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) was in Yerevan on 4-6 June 2019 to help Armenia to implement and benefit from the international standards on exchange of information upon request (EOIR).
The delegation, led Ms Mathilde Sabouret from the Global Forum Secretariat and Ms Renata Fontana from the Asian Development Bank has met with 29 stakeholders from the Government and the private sector, including, the Ministry of Finance, the State Revenue Committee, the Ministry of Justice, The Central Bank of Armenia, the Union of Banks, the Chamber of Notaries, the Chamber of Advocates, and the Association of Accountants and Auditors.
The visit was designed to assist Armenia to put in place a smooth implementation of the international standards and benefit from exchange of information in their domestic revenue mobilisation efforts.
Armenia will be reviewed against the standard of exchange of information upon request (EOIR) in 2020 and the assistance provided will enable Armenia to prepare its EOIR peer review and also take steps towards the implementation of the automatic exchange of information standard. Armenia will also receive assistance to train its auditors in the utilisation of exchange of information during tax audits.
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