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- Taxation_in_Armenia abstract "Armenia's complex tax system was revised in 1997 and again in 2001. The top corporate profit tax rate was lowered from 30% to 20%. As of July 1, 2001 a single rate was applied to all taxable profits, defined as the difference between revenues and the sum of wages, amortization payments, raw and intermediate purchases, social security contributions, insurance fees, and interest expenses. Newly formed enterprises are exempt from taxes for the first two years, but there is no provision for carrying forward losses.Individual income taxes are withheld by enterprises and are paid to the Ministry of Finance monthly. The personal income tax hasbeen reduced from three bands to two: 10% for monthly taxable income up to d80,000 ($144) and 20% plus a payment of d8,000 ($14.40) for taxable income between d120,000 and d320,000 ($1,892) for monthly taxable income above d80,000. Armenians also pay taxes to social security and pension funds. In 1992, Armenia introduced a value-added tax, which stood at 20% in 2003. Excise taxes are applied to diesel fuel, oil, spirits, wine and beer atvarious rates. There are also land taxes and property taxes. Achieving a higher level of tax collection has been an important part of Armenia’s economic reform programs. The fiscal deficit was projected at 2.4% of GDP for 2003.".
- Taxation_in_Armenia wikiPageID "25129161".
- Taxation_in_Armenia wikiPageLength "1501".
- Taxation_in_Armenia wikiPageOutDegree "14".
- Taxation_in_Armenia wikiPageRevisionID "405035690".
- Taxation_in_Armenia wikiPageWikiLink Armenia.
- Taxation_in_Armenia wikiPageWikiLink Beer.
- Taxation_in_Armenia wikiPageWikiLink Category:Taxation_by_country.
- Taxation_in_Armenia wikiPageWikiLink Diesel_fuel.
- Taxation_in_Armenia wikiPageWikiLink Finance_minister.
- Taxation_in_Armenia wikiPageWikiLink Fiscal_deficit.
- Taxation_in_Armenia wikiPageWikiLink GDP.
- Taxation_in_Armenia wikiPageWikiLink Government_budget_balance.
- Taxation_in_Armenia wikiPageWikiLink Gross_domestic_product.
- Taxation_in_Armenia wikiPageWikiLink Income_tax.
- Taxation_in_Armenia wikiPageWikiLink Land_tax.
- Taxation_in_Armenia wikiPageWikiLink Land_value_tax.
- Taxation_in_Armenia wikiPageWikiLink Ministry_of_Finance.
- Taxation_in_Armenia wikiPageWikiLink Oil.
- Taxation_in_Armenia wikiPageWikiLink Profit_tax.
- Taxation_in_Armenia wikiPageWikiLink Profits_tax_in_Hong_Kong.
- Taxation_in_Armenia wikiPageWikiLink Property_tax.
- Taxation_in_Armenia wikiPageWikiLink Tax_collection.
- Taxation_in_Armenia wikiPageWikiLink Tax_collector.
- Taxation_in_Armenia wikiPageWikiLink Wine.
- Taxation_in_Armenia wikiPageWikiLinkText "Taxation in Armenia".
- Taxation_in_Armenia hasPhotoCollection Taxation_in_Armenia.
- Taxation_in_Armenia wikiPageUsesTemplate Template:Asia_in_topic.
- Taxation_in_Armenia wikiPageUsesTemplate Template:Europe_in_topic.
- Taxation_in_Armenia wikiPageUsesTemplate Template:Tax-stub.
- Taxation_in_Armenia wikiPageUsesTemplate Template:Taxation.
- Taxation_in_Armenia subject Category:Taxation_by_country.
- Taxation_in_Armenia type Economy.
- Taxation_in_Armenia comment "Armenia's complex tax system was revised in 1997 and again in 2001. The top corporate profit tax rate was lowered from 30% to 20%. As of July 1, 2001 a single rate was applied to all taxable profits, defined as the difference between revenues and the sum of wages, amortization payments, raw and intermediate purchases, social security contributions, insurance fees, and interest expenses.".
- Taxation_in_Armenia label "Taxation in Armenia".
- Taxation_in_Armenia sameAs m.09gkk2b.
- Taxation_in_Armenia sameAs Q7689519.
- Taxation_in_Armenia sameAs Q7689519.
- Taxation_in_Armenia wasDerivedFrom Taxation_in_Armenia?oldid=405035690.
- Taxation_in_Armenia isPrimaryTopicOf Taxation_in_Armenia.