Pashinyan lauds record income taxes paid by businesses

YEREVAN, MAY 29, ARMENPRESS. Businesses in Armenia paid a total of 160,5 billion drams in income tax in April 2023, the final stage of the 2022 income tax.

PM Nikol Pashinyan said the number is a historic record in the country.

The numbers show that businesses received 337% more income in 2023.

“If we were to speak with the business representatives they would say that the 2022 incomes were unprecedented, but on the other hand the reduction of the shadow [economy] and the institutional reforms that contributed to this process are also important,” Pashinyan added.