Government Proposing To Make Deductions from Environmental Taxes of All 26 Metallic Mines

Government Proposing To Make Deductions from Environmental Taxes of All 26 Metallic Mines

EcoLur

The Government of the Republic of Armenia proposes to deduct from environmental taxes paid by all organizations entitled to the extraction of metallic minerals.

Currently, only 5 out of 26 companies that extract metal ore are subject to the deduction from the environmental taxes paid. In addition, the communities submit reports on each of the projects implemented independently, in a non-prescribed manner, and reporting is not mandatory. It is recommended to publish the reports on the website of the municipality or regional administration.

The proposed changes are expected to contribute to the transparency of community-based environmental and population health measures, as well as to the strengthening of democracy at the local level.

14:51 February 27, 2020


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