The Ministry of Finance of the Republic of Artsakh informs, that the process of applying the RA Law “On Establishing Privileges for Tax and Other Mandatory Payments” has been started.
The mentioned law allows taxpayers to:
1)    In case of repayment calculated and unpaid arrears as of January 1, 2018 and 10 percent of calculated and unpaid penalties in accordance with the established schedule and procedure before January 1, 2019 to get rid of calculated and unpaid (including verification acts) 90 percent of penalties and fines as well as the obligation to execute enforcement actions envisaged by Article 68 of the NKR Law on Compulsory Execution of Judicial Acts.
2) During from January 1, 2018 to  January 1, 2019  in case of repayment calculated and unpaid arrears and fines in full and 10 percent of calculated and unpaid penalties in accordance with the established schedule and procedure before January 1, 2019 to get rid of calculated and unpaid (including verification acts) 90 percent of penalties and fines as well as the obligation to execute enforcement actions envisaged by Article 68 of the NKR Law on Compulsory Execution of Judicial Acts.
3) until March 1, 2019 to submit to the tax authorities accounting reports (including corrected) for the reporting periods before 1 January 2018 and the arrears arising out of their timetable and in the case of repayment of 10 percent penalties before January 1, 2019 to  get rid of 90 percent of penalties and penalties accrued as a result of the settlement-report (including corrected).
In order to benefit from the allowance it is neccessary to apply to the tax authority until March 1, 2019 for approval of the schedule of repayment of tax and other mandatory payments in accordance with the law.
Within ten working days, the tax authority shall make a timetable on the basis of the taxpayer's application, which the taxpayer is obliged to pay for the tax and other mandatory payments in the following order:
1)    taxpayers who have obligations for tax and other mandatory payments up to 4 million drams (without a privilege amount) are paying off the amounts starting from March 1, 2019 until February 29, 2020, paying taxes and other obligatory payments at least one-twelfth of the amount, without any limitation on the amount.
2)    taxpayer who have obligations for tax and other mandatory payments 4 million and more drams (without a privilege amount) are paying off the amounts startin from March 1, 2019 until February 28, 2021, paying taxes and other obligatory payments at least one-twenty-fourth of the amount, without any limitation on the amount.  
In the sense of applying the privilege, it is obligate the absence of tax obligations of taxpayers at the end of the schedule.
The taxpayers who have obligations for tax and other compulsory payments may apply for a reconciliation agreement with the tax authority.
The tax authority will file a suit against the taxpayers who have tax and other obligatory payments but have not timetable, as well as violating the schedule of liabilities redemption.