YEREVAN. - The income tax for private entrepreneurs will reduce in Armenia, Deputy Chairman of the State Revenue Committee (SRC) Vakhtang Mirumyan said, introducing the new draft Tax Code in the Armenian Parliament Thursday.
Instead of 24.4 and 26 percent, 20 percent will be paid.
To put it otherwise, their tax will be equated to the income tax, considering that the private business and companies conduct accounting based on the same principles.
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