The recent proposed amendments to the laws on income tax and profit tax define that the resident companies in Armenia which take Armenian citizens to foreign countries to work may pay income and profit taxes to the state budget. The bill remains in the spotlight.
According to the reforms, Armenian citizens working abroad will be able to pay income tax of up to 13% and 5% profit tax in their home country.
The bill soon got referred to as a proposal to “tax khopanchis (labor migrants)” which “will fuel regular migration.” The majority of lawmakers speak for the changes. They believe the Government’s initiative was misinterpreted and wrongly presented because the authorities brought the bill to the floor hastily, without public discussions.