YEREVAN. – The matter of relief for double taxation between Armenia and the US will be discussed in March, at the regular intergovernmental meeting.

The Minister of Finance of Armenia, Vardan Aramyan, stated the aforesaid at a press conference on Monday. 

In his words, this issue is always on the agenda, and the last time it was discussed was at the minister’s talk with US Ambassador Richard Mills.

As per Aramyan, the absence of an agreement on a double taxation relief hinders businesses from adopting positive solutions for the parties.

Although the Armenian minister could not specify any dates for negotiations toward signing such an agreement, he said US Treasury Secretary Steven Mnuchin had for the first time spoken positively with respect to resolving this matter between the two countries.