Wednesday, February 12 2025 17:57
Naira Badalian

Armenia eventually will phase out the turnover tax - Prime Minister

Armenia eventually will phase out the turnover tax - Prime Minister

ArmInfo.Prime Minister Nikol Pashinyan assures that there is no country in the world that implements both turnover tax and value added tax  simultaneously. He stated this on February 12 during the government hour in parliament, while trying to justify the government policy to raise the turnover tax rate.

he said.  Meanwhile, he believes that  Armenian society should understand that these taxes are used to build  roads and address various societal issues.   the Prime Minister said.