ArmInfo. The first data exchange under the OECD agreement on the international bank account information will take place in autumn 2025, as stated by Eduard Hakobyan, the head of the State Revenue Committee of Armenia, at the final press conference.
He recalled that Armenia, as an OECD member (Organization for Economic Cooperation and Development), adopted the Common Reporting Standard for automatic financial account information exchange last year. This standard enables tax authorities in participating to automatically share information on non-resident financial accounts in financial institutions based on reciprocity. Armenia joined the agreement last year. Hakobyan noted that as of now, the SRC is not fully prepared for this work. It is necessary to finalize the legal framework by adopting a number of by-laws. Taking this into account, the exchange of data will begin in the second half of the year - most likely in September or October,
