News

IFRS Changes. Proposed Annual Improvements.

As part of its process to make non-urgent but necessary…

VAT sums of up to 20 million AMD will be refunded during 4 working days, instead of 90 days as currently stipulated

The Government established the criteria to use with regard to…

2017 IFRS Standards (Red Book)

The only official printed edition of the consolidated text of…

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Taxpayers who made tax violations of up to 4 million AMD will not be subjected to criminal liability

According to the RA law “On Making Amendments to the…

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Preferential tax treatment for certain types of activity

Self-employed individuals exempted from taxes from January 1, 2017 RA…

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Several legislative changes improving tax environment are in effect as of January 1

Several legislative changes aimed at improving tax environment have been…

Changes in Tax Free. Minimum spend for VAT refund reduced from 100 to 50 thousand drams

By government decision, the minimum spend for tax-free purchases by…

Self-employed people will be exempted from taxes and tax amnesty will be applied towards number of taxpayers by the initiative of the State Revenue Committee.

According to Vaxtang Mirumyan, the Deputy Chairman of the State…

Today the Tax Code has been fully adopted

National Assembly of Armenia has fully adopted the Draft Tax…

The income tax scale has been essentially reviewed: Today the new Tax Legislation has been discussed once again.

Within the frameworks of the discussion of the Tax Legislation,…

The term of obligation to make social payments has been delayed until July 1, 2018

The deadline for the obligation to make social payments by…

The standards of local duties will become more favorable for SMEs.

The Government has approved the RA draft law “On making…

Imports and/or exports of goods below 200 Euros will be exempted from customs duties and customs fees

The executive body has approved the RA draft law “On…

493-Ն decision of May 12, 2016 setting the terms and the procedure of granting and refusing the work permit of foreign citizens has been terminated by the Government decision

The terms of 493-Ն decision of May 12, 2016 “On…

The new e-Invoicing 3.3.6 “System of Issuance of Electronic Settlement Documents and Books” was issued

The following amendments have been made to the e-Invoicing 3.3.6…

Reports and calculations on nature protection and nature utilization payments

It will soon be possible to submit the quarterly reports…

Draft Law On making amendments to the RA Law “On Value Added Tax”

Today the RA Government has expressed negative opinion on the…

The term of prohibition of inspection conduct will be prolonged with the aim to promote the activities of business entities

The executive body has made amendments and supplements to the…

An annual inspection plan conducted by the SRC by the RA Government within the period from July 1, 2016 up to July 1, 2017

An annual inspection plan conducted by the SRC by the…

The prices for the maintenance of cash registers of the new generation will be more affordable starting from September 1, and the maintenance of cash registers will be conducted by the Cash Register Introduction Office” State Non-Profit Organization

The prices for the maintenance of cash registers of the…