ArmInfo. A government decision came into effect on April 1, significantly reducing the property tax for electric vehicles under the new calculation procedure. This was announced by Narek Sargsyan, press secretary of the Armenian Ministry of Internal Affairs.
The press secretary explained that for electric vehicles with an electronic passport, the information provided in the document will be used in the calculation. If an electronic passport is not available, Sargsyan explained that the calculation will be as follows: for electric vehicles with an engine capacity of up to 250 horsepower, the value is divided by 1.5, and for vehicles with an engine capacity of 251 horsepower and above, the calculation will be done in stages. "If an electric vehicle has 251 horsepower or more, first divide 250 by 1.5, and the remainder by 2.5, then sum the results. For example, if an electric vehicle has a peak power of 544 horsepower, the resulting motor power estimate will be 284 horsepower," Sargsyan explained.
As a result of these changes, as noted by the press secretary of the Armenian Ministry of Internal Affairs, the property tax for electric vehicles manufactured in 2025 will be 276,000 drams instead of the current 666,000 drams. Meanwhile, Sargsyan continued, if an electric vehicle's peak power is 218 drams, then using this formula, the motor power estimate will be 145 drams.
"Therefore, for electric vehicles manufactured in 2025, the property tax in this case will be 43,500 drams instead of the current 133,400 drams," explained a representative of the Armenian Ministry of Internal Affairs.
In conclusion, Sargsyan stated that the data for registered electric vehicles will be updated automatically, and owners will be notified of the changes on their personal pages on the roadpolice.am website or via corresponding messages.
As a reminder, the new property tax calculation procedure for electric vehicles was approved by the Armenian Cabinet of Ministers at its meeting on March 5. According to the draft, taxes paid for previous years will not be recalculated or refunded. The new calculation procedure will be in effect until the end of 2028, after which it may be revised if necessary.
