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March 29
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YEREVAN. – If the price of soft drinks in Armenia increases as a result of changes in the tax code, everyone will lose.

Representatives of the country’s companies that are engaged in the production of soft drinks on Monday stated the aforementioned while staging a respective protest outside the government building.

The envisioned amendments and additions to Armenia’s tax law propose imposing excise tax on all soft drinks, except for mineral water. 

It is noteworthy, however, that several MPs of the majority “My Step” Faction at the National Assembly also have spoken against such tax change.

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