ArmInfo. In the first half of 2020 tax revenues in Armenia decreased by 2.3% or 17.6 billion drams, amounting to a total of 745.6 billion drams. According to the press service of the State Revenue Committee of Armenia (SRC), of this amount, the revenues actually collected by the tax authority amounted to 622.2 billion drams (annual growth by 3.2%), and by customs authorities -123.4 billion drams (annual decline by 23.1%) .
It is reported that for this period 65.3 billion drams were compensated to economic entities in terms of income tax, which was directed at servicing VAT and mortgage rates. In y-o-y terms, this indicator increased by 29.6%.
