ArmInfo.On September 16, the Armenian government approved the RA draft law "On the ratification of the agreement between the governments of the Republic of Armenia and the Republic of Malta on the elimination of double taxation and prevention of tax evasion on income".
As reported on the official website of the government, the document was signed on September 24, 2019. According to the RA State Revenue Committee, Armenia has similar agreements with 47 countries. The purpose of these agreements is to eliminate double taxation in foreign trade between the two states, to prevent tax discrimination against business entities of the parties, to exclude double taxation on property and income, and to create a predictable and stable tax environment for business.
