YEREVAN. - A new system of dividend taxes will be proposed to be established in Armenia, Deputy Chairman of the State Revenue Committee (SRC) Vakhtang Mirumyan said, introducing the new draft Tax Code in the Armenian Parliament Thursday.
If earlier the non-residents paid 10 percent of income tax from the dividends, this payment will now be re-formulated as an income tax. The tax will be 5 per cent for the Armenian residents.
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