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Income Declaration Introduced in Armenia: Why It Matters and How It Works
Summary by The Armenian Mirror-Spectator
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Income Declaration Introduced in Armenia: Why It Matters and How It Works
By Nina Abgaryan and Shoghik Mikayelyan Special to the Mirror-Spectator YEREVAN — The introduction of mandatory income declaration marks a major change in Armenia’s tax system. While this is standard practice in many countries, for Armenian citizens it is something entirely new, which explains the confusion and frustration surrounding it. Until recently, individuals were not expected to declare their income or deal with taxes themselves. For dec…
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