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At October 20 sitting of the NA Standing Committee on Economic Affairs, the issue on Ratifying the Agreement for Exclusion of Double Taxation of Revenue and Prevention of Tax Evasion and Bypassing between the Government of the Republic of Armenia and the Government of the Republic of Malta was debated and endorsed.
As the RA Deputy Minister of Finance Arman Poghosyan informed, the document was signed in New York on September 24, 2019. It was revised in accordance with the principles of the model version being used for the member states of the Organization for Economic Co-operation and Development (OECD).
The goal of the Agreement is to exclude the double taxation of revenues and by that reduce the negative influence of the obstacles related to revenue taxes on the investors of two countries and the economic activities. According to the Deputy Minister, it will give an opportunity to encourage the entrepreneurship activity, creating competitive beneficial conditions for foreign investments.
The document proposes to design more favourable conditions and lesser rates from the taxation conditions set by the national legislation.
29.04.202418 items included on draft agenda of regular sittings to be convened on April 30
On April 29, the Council of the National Assembly convened a sitting, which presided over the Deputy Speaker of Parliament, the NA Acting President Ruben Rubinyan.The drafts on making addenda to the agenda of the seventh session of the eighth convocation of the National Assembly and on the agenda of...
29.04.2024It is proposed to reform legislation regulating media sphere
The Standing Committee on Science, Education, Culture, Diaspora, Youth and Sport of the National Assembly initiated a public debate on the proposed amendments to the Law on Mass Media and the RA Civil Code. The initiative authored by the Government was elaborated with the participation of the Minist...
29.04.2024Report on activity of RA Prosecutor’s Office for 2023 debated at committee sitting
During the year 2023, 40.066 crime cases were recorded in the republic, compared with the year 2022, the crime cases increased by 8.1%. The RA Prosecutor General Anna Vardapetyan said this at April 29 sitting of the NA Standing Committee on State and Legal Affairs, presenting for debate the report o...