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Tag: tax

Armenia’s tax revenue for 10 months of 2020 amounts to AMD 1 trillion 134 billion

Economy admin -
Armenia's tax revenue for 10 months of 2020 amounted to AMD 1 trillion 134 billion, Chairman of the State Revenue Committee Edward Hovhannisyan said in an interview with the Public Television of Armenia

Armenian government to consider farmers individually in easing their tax burden

Banks admin -
Gegham Gevorgyan, Armenian acting agriculture minister, said Wednesday presenting the 2019 draft government budget to parliamentary committees that the government should display personal approach in easing farmers’ tax burden

Armenia one of the best regional performers in terms of tax-to-GDP ratio

Economy admin -
In terms of tax -to - GDP ratio Armenia is one of the best performers across the former Soviet Union, Armenian finance minister Gagik Khachatryan said on Wednesday during a parliamentary discussion on 2014 budget performanc

Six of seven Armenia-based insurance companies among 000 largest corporate taxpayers in first quarter

Insurance admin -
Six of the seven Armenia-based insurance companies were among the 1000 largest corporate taxpayers in the first quarter of 2014, the State Revenue Committee (SRC) said

Nikkei eases in thin trade; Tax hike, fed tapering uncertainties weigh: Reuters

Capital market admin -
The Nikkei average edged down in very thin trade on Monday as uncertainties over a planned sales tax hike and the U.S. Federal Reserve's tapering kept many investors sidelined, while steady Asian stocks limited the downside for Japanese stocks

Armenian government exempts non-residents from income tax if they invest in eurobonds

Capital market admin -
The Armenian government has made a set of amendments to the “Law on Profit Tax"

PM Urges more action on tax from UK territories: Reuters

Economy admin -
Prime Minister David Cameron wrote to leaders of Britain's offshore territories and other self-governing regions, urging them to sign up to international protocols on information exchange, and improve their transparency

Russia’s Ministry of Finance not to tax deposits additionally

Banks admin -
Russia’s Finance Ministry didn’t support the idea of taxing the deposits additionally, Minister Anton Siluanov said, Russian RIA Novosti reports.At present, interest income is not taxed if it doesn’t hit over +5% refinancing rate. “After debates at Ministry of Finance we decided not to introduce any additional taxes on deposits. We decided to reject that idea,” Siluanov said.

Areximbank – Group of Gasprombank aims to bring its profit before tax to $4.6mln by end of 2013

Banks admin -
Areximbank – Group of Gasprombank closed joint stock company intends to increase its profits before tax up to $4.6mln by the end of 2013, the bank’s press service told ARKA Agency

ArmRosgasprom tops list of 1,000 biggest tax payers in Armenia in first 9 months

Economy admin -
ArmRosgasprom tops the list of 1,000 biggest tax payers of Armenia by the end of the first three quarters of 2012, as published by the country’s State Revenue Committee

Armenian Banks Pay 17.9 Billion Drams In Taxes For Nine Months

Banks admin -
The list of 1,000 largest Armenian corporate taxpayers in the first nine months of 2011 comprised 21 commercial banks, which paid a total of 17.9 billion drams

Pre-Tax Profit Of HSBC Bank Armenia For The First Half Years Was 3.5 Billion Drams

Banks admin -
HSBC Bank Armenia announced its financial results for the first half of 2011. Pre-tax profit increased to AMD 3.5 billion.

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US dollar rate down 0.35 points to 397.92 drams

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The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

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Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s 1.5% inflation in December is the highest since April – WB

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Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

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The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

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