ArmInfo. In the first half of the year, the state treasury of Armenia received 3.1 billion drams in taxes from 71 international corporations, as reported by Eduard Hakobyan, Chairman of the State Revenue Committee (SRC).
"As of July 1, the tax base of non-resident organizations providing electronic services to individuals in Armenia amounted to about 15.6 billion drams, with more than 3.1 billion drams payable as VAT to the state budget," he wrote.
According to him, 71 large international organizations have used the e-VAT system. "Thanks to the e-VAT system implemented by the State Revenue Committee, large international organizations are increasing the revenues of Armenia's state budget of Armenia and promoting tax transparency. By using the services of Google, Facebook, TikTok, Spotify, Amazon, Netflix, eBay and other corporations, you are also contributing to the increase in state revenues for Armenia," the country's chief tax officer said.
