YEREVAN, OCTOBER 2, NOYAN TAPAN. At the morning sitting on October 2, the RA National Assembly passed the four bills and legislative packages discussed the day before that make some amendments and additions in a number of laws. An addition was made in first reading to the Law on Profit Tax, as a result of which non-residents registered in offshore areas will lose their tax privileges. The amendments and additions, which were passed in first reading to the Law on Value Added Tax and several laws, stipulate a number of provisions previously prescribed by the RA government's decisions and other legal acts: these provisions are related to control and supervision over legal entities, as well as natural persons engaged in entrepreneurial activity. The NA passed in first reading the addition to the RA Law on Provision of the Earth's Interior for Exploration and Mining with the Aim of Using Minerals (Concession). By this addition, information about the respective Earth's interior site shall be provided to tax bodies with the aim of using this information in supervisory work. The package of additions and amendments to the RA Law on Higher and Post-Graduate Education and the RA Law on Education was adopted fully in second reading. Based on this, a former student who interrupted his/her studies has the right to enroll again in a higher educational institution, irrespective of the reason for interrupting studies, within 10 years. Besides, students of the paid education system (without the right of delay) will receive the right to be transferred to the free education system - based on the excellent annual results of studies.

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