ArmInfo.In Armenia, those persons who are subject to the mandatory declaration of their incomes, when entering the electronic system, will notice that some parts of the application will be pre-filled. Chairman of the State Revenue Committee of the Republic of Armenia Rustam Badasyan told reporters on January 4.
According to him, it is pointless to talk about this before March of this year, since during January-February 2024 the data is subject to generalization. "After summarizing all the data, applications for declaration of property will be partially completed, but this will not happen before March - early April of this year, when the system will be fully ready," said the chairman of the State Revenue Committee, recalling that the first declarants should be representatives of the state, public and community services, as well as managers and shareholders of large companies with a turnover of 1 billion drams or more.
Badasyan also said that all those citizens who rent out their real estate with the availability of appropriate agreements annually submit income declarations. The innovation that the RA government came up with concerns the introduction of mechanisms for submitting applications, since we can talk about hourly, daily or monthly rent payments, which in turn leads to changes in the terms of contracts. For this reason, the country's Cabinet of Ministers proposed new deadlines for citizens to submit applications - from December 1 to February 1. As of December 1, 2023, 3 thousand citizens have already submitted their applications for renting out property, which means that in 2024 they will submit their income declarations. The head of the State Revenue Committee called on citizens to monitor the department's website for frequently asked questions, to which appropriate answers are given.
Badasyan also reminded that the representatives of show business should also submit income declarations, some of them continue to operate in the shadows, and the department deals with them.
In 2023, the introduction of a system of universal declaration of income of all resident citizens of the republic began in Armenia. By May 1, 2024, the first group of declarants will have to file a tax return. In parallel with the income declaration system for citizens, the government introduced "incentive measures", which, as previously stated, would be provided in the form of social loans.
