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Capital gains: Capital gains are effectively treated as ordinary income for resident companies and registered PEs of a nonresident company, and are subject to corporate income tax at 18%. Losses: Tax losses may be carried forward and set off against tax profits for the following five years.
17 lip 2024 · Capital gains are included in taxable income. Non-residents are taxable on the realised capital gains from the increase of the value of the assets located in Armenia. Capital gains received by non-residents on sale of securities are taxed at 0% via withholding tax (WHT), and capital gains received by non-residents on sale of securities held in ...
29 kwi 2024 · Quick Tax Rates and Dates Under the Armenian. Law Updated April 2024. [1] This note offers a general overview of the RA tax system, providing a basic rate established by law without specifying exceptions. [1] Applied to the total sales proceed. [2] If a property is sold by an individual to a company.
Instructions: Click a region of the map to zoom in and access the territories within that region. Hover over a territory to view all of the tax rates found in the ‘Quick rates and dates’ section of that territory’s ‘Overview’ page.
Non-residents are taxed only on their Armenian-sourced income. The tax year for individuals is the calendar year. Tax rates vary according to the type of income. The standard income tax rate is 20 percent for 2023. The official currency of Armenia is the Armenian Drams (AMD).
The tax revenue reported as of September 2022 was $398.320 million, an increase compared to August 2022 ($330.837 million). The highest all-time revenue was in April 2022 ($468.124 million). The increase in tax revenue is mostly driven by VAT, stamp duties, and tax duties on mining products’ exports.
Individual Capital Gains Tax Rate. 0% / 10% / 20% (applied to total sales proceeds). Residence. An entity is a resident of Armenia if it is incorporated and located in Armenia. An individual is a resident of Armenia if he or she is present in the country for more than 183 days in the tax year, or if his or her center of vital interests is in ...
