Economy 19:36 19/11/2018

SRC clarifies: No income taxation project for citizens working abroad

The State Revenue Committee of the Republic of Armenia made a statement on income tax declaration. The statement reads:"The topic of the declaration of individuals is widely discussed on mass media and social networks. The State Revenue Committee informs that before the introduction of the project, it should be put to public discussion, during which the positive and negative aspects of the issue will be discussed.
As for the income taxation mechanism of citizens working abroad, no such project or idea exists. In the interview with the media, the response of the SRC derived from the general principles of income taxation from residents (income from the RA and foreign sources), but that does not mean that their income will be subject to taxation or such a project is being discussed."

Today, on various platforms, the statement of the chairman of the State Revenue Committee Davit Ananyan that Armenia is trying to introduce a transfer taxation mechanism is being widely discussed. "In other words, if a citizen receives income from abroad, (s)he must declare it and pay 23% of it as income tax to the state," the SRC Chairman told Radiolur.

Thus, according to the idea of the SRC, all citizens of Armenia aged 18-65 will be potential income tax payers by 2020. The first step should be the citizen’s compulsory declaration of their own income after which it will be determined whether their income is subject to taxation or not.

Citizens are worried about it. In particular, Facebook users find it strange that such a statement has been made in the pre-election period.
 



Source Panorama.am
Share |
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:

Newsfeed

17:11
Armenian, Iranian FMs meet in Geneva
Armenian Foreign Minister Ararat Mirzoyan had a meeting with his Iranian counterpart Seyed Abbas Araghchi in Geneva on Monday....
17:01
MP urges international community to respond to Edgar Ghazaryan's free speech violation
Non-partisan MP Taguhi Tovmasyan calls on the international community to respond to the restriction of opposition figure Edgar Ghazaryan’s...
16:35
Political analyst accuses French envy of lying about Karabakh
Political analyst Suren Surenyants has accused French Ambassador to Armenia Olivier Decottignies of lying about Artsakh (Nagorno-Karabakh) in a...
15:57
Russian-Armenian comedian on EU sanctions list
Russian-Armenian comedian and TV host Mikhail Galustyan has been included in the 16th package of EU sanctions against Russia. The 16th...
15:16
Temps to rise in Armenia from Tuesday
Dry weather is expected in Armenia's regions on Monday, Tuesday night, Friday and Saturday. Snow is forecast for some parts of...
14:36
7 planets to align this week
The last week of February holds a special celestial treat in store for astronomers and amateur stargazers. Mercury will become the seventh...
14:15
Armenian expert: Europe undergoing radical changes
Political analyst Ara Poghosyan claims that Europe is undergoing radical transformation. “The concept of united Europe will soon...
13:45
Incendiary device explodes outside Russian Consulate in Marseille
An incendiary device exploded outside the Russian Consulate in Marseille early Monday, authorities said, on the third anniversary of...
13:30
AYF D.C. Chapter protests outside Azerbaijani Embassy
The Armenian Youth Federation (AYF) Washington D.C. “Ani” Chapter, along with community members, on Saturday gathered outside...
13:09
ICRC: 429 Armenians still missing in relation to escalations in 2020-2023
During 2024, around 1,290 calls and individual visits were received at the International Committee of the Red Cross (ICRC) offices in Yerevan...
12:46
Armenian MP: Baku seems to be in a 'wait-and-see mode'
Azerbaijan appears to have adopted a “wait-and-see” stance in peace treaty negotiations with Armenia, opposition MP Tigran...
12:16
European leaders visit Ukraine to mark 3rd war anniversary
A dozen leaders from Europe and Canada visited Ukraine’s capital Monday to mark the third anniversary of Russia’s invasion in a show...
12:04
Ruben Mkhitaryan promises to solve stray dog problem in Gyumri
Famous producer Ruben Mkhitaryan, who has announced a run for mayor of Gyumri, has promised to solve the stray god problem in Armenia's...
11:36
Sham trial of Artsakh leaders postponed in Azerbaijan
The show trial of Artsakh's military and political leaders, along with other Armenian captives, has been postponed in Azerbaijan....
11:26
Drivers warned about icy roads in Armenia
The Rescue Service has warned drivers about road closures and icy conditions in Armenia. The road from the Jermuk intersection to the...
11:00
Most USAID employees laid off or placed on leave
The Trump administration has placed most United States Agency for International Development (USAID) employees back on administrative leave from...
17:04
Filmmaker: Turkish-Azerbaijani-Armenian trio putting democracy on trial
Filmmaker and publicist Hovhannes Ishkhanyan has condemned the prosecution of opposition figure Edgar Ghazaryan, accusing the Armenian...
16:35
Avetik Chalabyan condemns 'disgraceful' prosecution of opposition figure
Public and political figure Avetik Chalabyan, coordinator of the HayaKve initiative, has denounced the "disgraceful"...
16:13
Snow to persist in parts of Armenia
Snow will persist in some parts of Armenia over the weekend, with blizzards and low visibility expected in the country’s mountainous...
15:35
Archbishop condemns activist Edgar Ghazaryan’s prosecution
Archbishop Bagrat Galstanyan, the leader of the Holy Struggle movement, has expressed full support for opposition figure Edgar Ghazaryan,...
15:06
Around 700 Armenian trucks stuck at Russia-Georgia border
Approximately 700 Armenian trucks are stuck in a long que at the Upper Lars checkpoint on the Russia-Georgia border, the Traffic Management...
14:35
Five lawyers to take on activist Edgar Ghazaryan's defense
The Five Human Rights Defenders Initiative will provide legal defense for public and political activist Edgar Ghazaryan, who is facing charges...
14:01
California governor requests nearly $40 billion in wildfire recovery funding
California Gov. Gavin Newsom requested nearly $40 billion in wildfire recovery aid in a letter to members of Congress on Friday, CNN...
13:36
Yerevan residents have rare chance to breathe clean air after heavy snow
The recent abundant snowfall in Yerevan has brought about a positive outcome. After years of breathing polluted air, the residents of the...
13:15
Armenian activist denies charges, demands accountability for prosecutors
Public and political activist Edgar Ghazaryan, former Armenian ambassador to Poland, has rejected the charges against him, demanding...
12:36
Ex-ombudsman slams charges against activist Edgar Ghazaryan
Former Human Rights Defender Arman Tatoyan has lambasted the prosecution of public and political activist Edgar Ghazaryan, calling it an...
12:06
Mkhitaryan among most valuable players aged 34 and older
The football portal Transfermarkt has updated its market valuations for players aged 34 and older, with former Armenian team captain...
11:35
Lawyer: Political activist Edgar Ghazaryan charged for critical remarks
Public and political activist Edgar Ghazaryan has been charged over his critical comments about judges, his lawyer Ruben Melikyan...
11:04
Another Azerbaijani journalist arrested
Baku’s Khatai District Court has remanded journalist Nurlan (Libre) Gahramanli to one month and 15 days in pre-trial detention....
17:06
Expert: Government undermines reputation of Armenian language
Political analyst Menua Soghomonyan, co-founder of the HayaKve initiative, accused Armenia’s current government of failing to prioritize...

Follow us and get updates!

Most popular articles

{"core.blocks.header.spell_message1":"Selected mistake: ","core.blocks.header.spell_message2":"Send a message about the mistake?"}