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Interest on bank deposits in Armenia is taxed at 10%; government bonds are exempt

According to Armenia’s national e-government portal, the tax rate on interest from bank deposits is 10%; interest on deposits and bonds is taxed at 10%. Interest and discount on government bonds are exempt, and coupons on bonds listed on the Armenian stock exchange are exempt.

What this changes in the calculation

Deposit 10%, government bonds 0%, corporate bonds 0% if listed and 10% if not.

Source
hartak.am
Status
verified
Published

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