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Armenian Tax Authority Warns Businesses to Issue Sales Receipts

Armenia’s State Revenue Committee (SRC) says it will be paying greater attention to see that all businesses, especially those engaged primarily in cash transactions, issue sales receipts.

The SRC, in a statement, says the new monitoring measures will particularly target small retail businesses like eateries and natural gas stations along the country’s roadways.

Those businesses found violating the law a second time will be afforded the decision whether to voluntarily close up shop or to pay the fines and penalties levied.

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