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Income tax return deadline to be extended until November 1 — Pashinyan

31.01.2025, 15:33
The deadline for submitting income tax returns will be extended until November 1, Armenian Prime Minister Nikol Pashinyan announced.
 Income tax return deadline to be extended until November 1 — Pashinyan

YEREVAN, January 31. /ARKA/. The deadline for submitting income tax returns will be extended until November 1, Armenian Prime Minister Nikol Pashinyan announced.

Previously, citizens were required to submit their returns by May 1 each year.

"The queue for ID cards is currently until June. We have made the following decision: for this year, the deadline for submitting returns for everyone will be extended to November 1. If a person has properly applied for an ID card, made payments, etc., but has not received the card for reasons beyond their control, these deadlines will no longer apply to them. It will be considered that they have done everything correctly," Pashinyan said at a press conference.

He added that if a citizen receives the card later, they will still be able to receive social credit payments for both 2024 and 2025 at once.

He also noted that technical issues are being recorded in the system.

About the Declaration System

The universal income declaration system for citizens and residents has been implemented in Armenia starting January 1, 2023, and will run for three years. The draft was finally approved by parliament in December 2022. As then-Finance Minister Tigran Khachatryan mentioned in November 2022, the declaration must be pre-filled by the tax authorities.

It was expected that the data available to the tax authorities would be automatically entered into the declaration, after which it would be sent by email for review.

Under the new procedure, all adult resident citizens are required to submit a declaration.

In the first stage, declarations were submitted by citizens holding community or public positions and their family members, as well as individuals involved in entrepreneurial activities.

In the second stage, starting in 2024, declarations were filled out by employees of the private sector and workers receiving income under civil law contracts.

Starting in 2025, all citizens who are residents of the country and are not part of the two specified groups will have to submit declarations.

Citizens were originally required to submit their declarations by May 1 of the year following the reporting year, but in 2025, the deadline has been extended to November 1. Fines are imposed for failure to comply or delays—50,000 drams for entrepreneurs and 5,000 drams for other citizens.