Armenian jewelry dealers offer their own formula for eliminating the   "shadow"

ArmInfo. Jewelry retailers are propose reduction in the turnover tax rate from 10% to 1%. This will eliminate any "shadow" activity and increase the amount of taxes paid. This was stated by Hayk Sargsyan, a member of the ruling "Civil Contract" faction, on February 7 in a conversation with journalists  following parliamentary hearings on the topic of doubling the  turnover tax rate.

in the  industry, largely due to  unreasonably high taxes. Now they propose  to reduce the tax rate to 1% with the condition that  if tax revenue  does not double within 6 months, then you can do whatever you want,>  said Hayk Sargsyan. According to him, if this proposal is accepted,  the traders promise to work exclusively in the , and  urge their to do the same.