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Armenia’s Proposed Tax Policy Package Includes Repeal of Turnover Tax Regime

The Armenian Government has reportedly proposed several measures as part of a tax policy package for 2022 to 2025. One of the key proposals is the repeal of the turnover tax regime, which is currently available for qualifying SMEs and replaces corporate income tax and VAT. Further details on this and other proposals will be published once available.

Source Orbitax

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