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Illegal alcohol and cigarette trafficking uncovered in Armenia (VIDEO)
The State Revenue Committee (SRC) of Armenia has uncovered cases of illegal circulation of beverages and tobacco products, the press service of the agency reported. YEREVAN, December 20. /ARKA/. The State Revenue Committee (SRC) of Armenia has uncovered cases of illegal circulation of ...
12/20/2024Smuggling of 25 thousand boxes of cigarettes from Iran stopped in Armenia (VIDEO)
Armenia’s State Revenue Committee (SRC) said its officers have uncovered another attempt of smuggling a large consignment of cigarettes. YEREVAN, 16 September. /ARKA/. Armenia’s State Revenue Committee (SRC) said its officers have uncovered another attempt of smuggling a large consignment ...
12/17/2024Armenia to host next meeting of EEU Joint Board of Customs Services in 2025
... Customs Services of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, which are members of the Eurasian Economic Union (EEU). The session will take place in the first quarter of 2025, according to the press service of the State Revenue Committee (SRC) of Armenia. It said the decision was made at the 48th session of the Board held in Kazakhstan. A delegation from Armenia, headed by Deputy Chairman of the SRC Ashot Muradyan, participated in the session. During the meeting in Kazakhstan some 20 decisions ...
11/29/2024Smuggling of over 4.5 kg of gold and silver jewellery stopped in Armenia
The State Revenue Committee of Armenia (SRC) has foiled attempst of undeclared import of gold and silver jewellery, the press service of the agency reports. YEREVAN, 15 November. /ARKA/. The State Revenue Committee of Armenia (SRC) has foiled attempst of undeclared import of gold and silver jewellery, the press service of the agency reports. In the first case, an Armenian citizen, who arrived in the country by car from Georgia, told customs officers that he had no goods requiring ...
11/15/2024EBRD supports reconstruction and modernisation of Armenia's customs and logistics facilities
... Chairman Rustam Badasyan and an EBRD delegation, led by newly appointed YEREVAN, 14 November. /ARKA/. A set of projects, implemented together with the European Bank for Reconstruction and Development (EBRD) as part of modernisation of Armenia's State Revenue Committee’s (SRC) infrastructure were discussed on Thursday by SRC Chairman Rustam Badasyan and an EBRD delegation, led by newly appointed EBRD Managing Director for Turkey and the Caucasus Elisabet Falchetti. The SRC said in a press release that the parties discussed ...
11/14/2024Ratio of taxes to GDP to reach 25% by 2025 – Armenian State Revenue Committee
The Armenian government plans to implement a medium-term plan to achieve a 25% ratio of taxes to GDP by 2025, Rustam Badasyan, head of the State Revenue Committee (SRC), told the parliament today. YEREVAN, November 4. /ARKA/. The Armenian government plans to implement a medium-term plan to achieve a 25% ratio of taxes to GDP by 2025, Rustam Badasyan, head of the State Revenue Committee (SRC), told the parliament today. "In 2023, the tax-to-GDP ratio, which stood at 24.1%,...
11/04/2024Online taxi turnover in Armenia reaches billions of drams - SRC head
The turnover of online taxis in Armenia already amounts to billions of drams, head of the State Revenue Committee (SRC) Rustam Badasyan said on Thursday. YEREVAN, 10 October. /ARKA/. The turnover of online taxis in Armenia already amounts to billions of drams, head of the State Revenue Committee (SRC) Rustam Badasyan said on Thursday. He did not name specific figures, but noted the growing number of users of electronic platforms and private taxi drivers registered with the tax authority. For example, about 30 private taxi drivers have already ...
10/10/2024Armenian State Revenue Committee collects 2.1 trillion drams in 9 months
... taxpayers and individuals. YEREVAN, October 3 /ARKA/. Armenian tax and customs authorities collected a total of 2.1 trillion drams in the first 9 months of this year, of which 243.4 billion drams were refunded to taxpayers and individuals. According to Armenian State Revenue Committee (SRC) press service, the actual performance in terms of tax revenues and customs duties amounted to 1.8 trillion drams, which is 150.2 billion drams or 9.3% more than the figure for the same period last year. In January-September of this year, the tax ...
10/04/2024Over 532.5 million transactions worth 9.8 trillion drams made in Armenia in 9 months
... register receipts, 532.5 million transactions worth 9.8 trillion drams were made in January-September of this year, which exceeds the same period last year by 57.4 million transactions or 12.1% in number and by 1.3 trillion drams or 15.1% in volume, Armenian State Revenue Committee (SRC) reports. According to the cash register receipts, 497.2 million transactions worth 2.1 trillion drams were made in 9 months, which is 48 million transactions or 10.7% more than the January-September 2023 figure in terms of number and 153.9 billion ...
10/02/2024State Revenue Committee of Armenia reveals a shadow turnover of 17 billion drams
The State Revenue Committee (SRC) of Armenia has revealed a shadow turnover of 17 billion drams. YEREVAN, September 27 /ARKA/. The State Revenue Committee (SRC) of Armenia has revealed a shadow turnover of 17 billion drams. According to the press service of the department, in July-September of this year, 97 operational investigative measures were carried out to uncover cases of tax evasion. The measures were carried ...
09/27/2024Armenian customs officers prevent an attempt to smuggle over 58 thousand packs of cigarettes from Iran
... State Revenue Committee (SRC) of Armenia has stopped an attempt to import more than 58 thousand packs of cigarettes bypassing customs control, reports the press service of the agency. YEREVAN, September 20 /ARKA/. The State Revenue Committee (SRC) of Armenia has stopped an attempt to import more than 58 thousand packs of cigarettes bypassing customs control, reports the press service of the agency. Recently, a truck with iodized salt arrived in Armenia from Iran. As a result of X-ray scanning, suspicions ...
09/20/2024Armenian SRC foils attempt to smuggle large consignment of diamonds
Armenia's State Revenue Committee (SRC) said today that its employees foiled an attempt to smuggle a consignment of diamonds into Armenia. YEREVAN, 12 September. /ARKA/. Armenia's State Revenue Committee (SRC) said today that its employees foiled an attempt to smuggle a consignment of diamonds into Armenia. According to the Committee, an Armenian citizen arriving on the Sharjah-Yerevan flight was searched and his luggage was subjected to customs inspection....
09/12/2024Modernization of Meghri border checkpoint discussed at Armenia's State Revenue Committee
The €18.5 million project will feature a two-story administrative building of 4,000 square meters with solar panels on the roof YEREVAN, September 10. /ARKA/. Officials from Armenia's State Revenue Committee (SRC), along with representatives from the European Bank for Reconstruction and Development (EBRD), the Government’s Program Implementation Office, and the UN Development Programme, held discussions on the ongoing reconstruction and modernization of ...
09/10/2024Armenia proposes to simplify procedures for payment of fines for violation of customs rules
The Armenian government has come up with a legislative initiative, according to which in case of an obvious violation of customs clearance rules, employees of the State Revenue Committee (SRC) will be able to record the fact of violation and start administrative proceedings. YEREVAN, 4 August. /ARKA/. The Armenian government has come up with a legislative initiative, according to which in case of an obvious violation of customs clearance rules, employees of the State Revenue Committee (SRC) will be able to record the fact of violation and start administrative ...
09/04/2024Armenia uncovers illegal property rentals worth 11.m AMD in H1 2024
... identified in Yerevan and various regions of Armenia YEREVAN, August 31. /ARKA/. In the first half of 2024, several dozen cases of illegal property rentals were identified in Yerevan and various regions of Armenia, according to the State Revenue Committee (SRC) of the Republic of Armenia. The total amount of potential administrative fines related to these violations is estimated at 11.7 million drams. Meanwhile, during the same period, 18,932 citizens submitted 28,238 rental declarations to the tax authorities as required by law....
08/31/2024Iranian national arrested in Armenia for attempted opium shipment to Australia
... opium to Australia, the Armenian State Revenue Committee (SRC) reported on Thursday. YEREVAN, August 29. /ARKA/. An Iranian citizen has been arrested in Armenia while attempting to send a package containing 233 grams of opium to Australia, the Armenian State Revenue Committee (SRC) reported on Thursday. The SRC reported receiving information that the individual had smuggled drugs into Armenia and intended to ship them abroad. In collaboration with the National Security Service (NSS), anti-smuggling officers inspected an international ...
08/29/2024SRC head rejects business association's accusations of ‘terrorizing’ enterprises
Head of Armenia's State Revenue Committee (SRC) Rustam Badasyan rejected today the accusations of Vahram Mirakyan, co-founder and head of the Mantashyants Business Union, who claimed recently that the State Revenue Committee ‘terrorises’ businesses. YEREVAN, 15 August. /ARKA/. Head of ...
08/15/2024Armenian company caught recovering, storing chicken meat after official disposal
The State Revenue Committee (SRC) of Armenia reported the discovery of unusable and improperly disposed goods on Friday YEREVAN, August 9. /ARKA/. The State Revenue Committee (SRC) of Armenia reported the discovery of unusable and improperly disposed goods on Friday. The SRC reported that ...
08/09/2024Armenian Revenue Committee foils cocaine smuggling attempt
The Armenian State Revenue Committee (SRC) thwarted an attempt to smuggle 3 kilograms of cocaine into the country YEREVAN, August 6. /ARKA/. The Armenian State Revenue Committee (SRC) thwarted an attempt to smuggle 3 kilograms of cocaine into the country, the authority reported on Tuesday....
08/06/2024AMD 36.7 million fine imposed in June on 39 companies in Armenia for unregistered employees
Armenia’s State Revenue Committee (SRC) imposed 36.7 million drams worth of fines on 39 companies in June 2024 for having unregistered employees. YEREVAN, 17 July. /ARKA/. Armenia’s State Revenue Committee (SRC) imposed 36.7 million drams worth of fines on 39 companies in June 2024 ...
07/17/2024In 2023, each resident of Armenia paid on average almost 750 thousand drams in taxes
... National Assembly, presenting the report on the execution of the state budget in 2023. He also noted that these figures testify to more efficient tax collection by the state. According to him, citizens have become more conscious about paying taxes. Armenia's State Revenue Committee (SRC) collected a total of AMD 2.2 trillion in revenues in 2023, exceeding the previous year's figure by AMD 296 billion or 15.4 per cent, as state budget revenues almost doubled compared to 2017 ($1 - AMD 387.61). --0--
06/12/2024Armenia introduces tax on gambling winnings
... bills on regulating gambling activities and a number of amendments to the relevant laws. YEREVAN, 12 June. /ARKA/. The Armenian Parliament on Wednesday approved in the second and final reading a package of bills on regulating gambling activities ... ... amount of bets made and pay income tax at the rate of 10% of the difference. Earlier, the head of the State Revenue Committee (SRC) Rustam Badasyan said that the operator, who will monitor the bets, will be selected on a competitive basis, and all slot ...
06/12/2024Armenian business entities made over 648 million transactions worth 12.2 trillion drams in 2023
Armenia's business entities made 648.7 million transactions worth 12.2 trillion drams in 2023, the Head of State Revenue Committee (SRC) Rustam Badasyan said on Friday. YEREVAN, 31 May. /ARKA/. Armenia's business entities made 648.7 million transactions worth 12.2 trillion drams in 2023, the Head of State Revenue Committee (SRC) Rustam Badasyan said on Friday. He said the number of transactions was up 45 million compared to 2022 , wile in terms ...
05/31/2024Advance declaration reduced customs clearance time in Armenia to several hours - SRC
Thanks to the advance customs declaration, the period of customs clearance, starting from entering Armenia and ending with the release of goods, has been reduced from 2-3 days to 2-3 hours, Chairman of the State Revenue Committee Rustam Badasyan said on Friday. YEREVAN, 31 May. /ARKA/. Thanks to the advance customs declaration, the period of customs ...
05/31/2024Armenian government refunded about AMD 363bn to taxpayers in 2023
The Armenian government refunded about AMD 363 billion to taxpayers in 2023, which is AMD 100 billion more than in 2022, the Chairman of the State Revenue Committee (SRC) Rustam Badasyan said on Friday. YEREVAN, 31 May. /ARKA/. The Armenian government refunded about AMD 363 billion to taxpayers in 2023, which is AMD 100 billion more than in 2022, the Chairman of the State Revenue Committee (SRC) Rustam Badasyan said on Friday. According to him, the refunded value-added taxes grew ...
05/31/2024Overhaul of Margara customs point on border with Turkey is fully completed
Chairman of the State Revenue Committee (SRC) of Armenia Rustam Badasyan together with the EU delegation headed by EU Ambassador to Armenia Vasilis Maragos inspected the reconstructed Margara customs post on the border with Turkey, the press service of the SRC reports. YEREVAN, May 23. /ARKA/. ...
05/23/2024The number of income-generating jobs in Armenia grows to over 747,400 in April – SRC
The number of income-generating jobs in April 2024 totaled 747,419, Armenia's State Revenue Committee (SRC) reported. YEREVAN, May 23. /ARKA/. The number of income-generating jobs in April 2024 totaled 747,419, Armenia's State Revenue Committee (SRC) reported. According to it, this is by 37.269 or 5.2% more than the number of such jobs recorded in April ...
05/23/2024Armenian law enforcers crack down on drug smugglers
Armenian law enforcement bodies have detained several people suspected of drug smuggling. YEREVAN, May 20. /ARKA/. Armenian law enforcement bodies have detained several people suspected of drug smuggling. According to the State Revenue Committee (SRC), the matter concerns the smuggling of drugs delivered to Armenia from the United States by Trans Shipping company. The drugs were hidden in parcels and were to be sold through Telegram social network. One of the parcels contained 507 grams of marijuana, as well as 24 grams of hashish oil, in addition to personal ...
05/20/2024Some 545 business entities in Armenia failed to provide possibility of accepting non-cash payments worth 169.3 million drams
... conducted inspections of 1038 taxpayers, revealing that 545 taxpayers did not provide the possibility of accepting non-cash payments through payment cards. According to the SRC press service, the amount of recorded violations is 169.3 million drams. The SRC reminded that the taxpayers, who should use cash registers, according to the Law of Armenia "On Non-Cash Transactions", must provide the possibility of accepting non-cash payments. ($1 - AMD 387.63) -0-
05/03/2024Armenia's 1,000 largest taxpayers paid more than AMD 387.1 billion in taxes in first quarter
Armenia's 1,000 largest taxpayers have paid more than AMD 387.1 billion worth of taxes and customs duties in the first quarter of 2024, the State Revenue Committee (SRC)reports. YEREVAN, April 25. /ARKA/. Armenia's 1,000 largest taxpayers have paid more than AMD 387.1 billion worth of taxes and customs duties in the first quarter of 2024, the State Revenue Committee (SRC)reports. According to SRC press release, it collected more than 329.8 billion drams ...
04/25/2024State Revenue Committee stopped smuggling of 67 kg of medicines
The State Revenue Committee of Armenia (SRC) prevented the smuggling of 67 kg of medicines through the Bagratashen checkpoint on the border with Georgia. YEREVAN, April 17. /ARKA/. The State Revenue Committee of Armenia (SRC) prevented the smuggling of 67 kg of medicines through the Bagratashen ...
04/17/2024SRC fines 625 taxpayers for 280 million drams for violating rules of using cash register machines
Armenia's State Revenue Committee (SRC) has fined 625 business entities to the tune of 280 million drams in March 2024 for violating the rules of using cash register machines. SRC fines 625 taxpayers for 280 million drams for violating rules of using cash register machines YEREVAN,...
04/16/2024Armenian customs officers foil attempts to smuggle large consignments of medicines from Georgia
Armenian customs officers at Baavra and Bagratashen checkpoints on Armenia's border with Georgia prevented smuggling of large batches of medicines, the State Revenue Committee (SRC) reported. YEREVAN, April 9. /ARKA/. Armenian customs officers at Baavra and Bagratashen checkpoints on Armenia's border with Georgia prevented smuggling of large batches of medicines, the State Revenue Committee (SRC) reported. One batch was discovered in a car driven by E.N. at Bgratashen ...
04/09/2024Some 160 million transactions worth 2.9 trillion drams carried out in Armenia through settlement documents in Q1, 2024
In the first quarter of 2024, some 160.4 million transactions worth over AMD 2.9 trillion were carried out on settlement documents issued by taxpayers (including cash register checks), the State Revenue Committee of Armenia reported. YEREVAN, April 3. /ARKA/. In the first quarter of 2024, some 160.4 million transactions worth over AMD 2.9 trillion were carried out on settlement documents issued by taxpayers (including cash register checks), the State Revenue ...
04/03/2024Armenia's tax revenues and state duties up 13.6% to AMD 500.6 bln in first quarter
Armenia’s State Revenue Committee (SRC) collected AMD 500.6 billion drams in taxes and state duties in the first quarter of 2024, which is AMD 59.8 billion or 13.6% more than it had collected in the same period of last year. YEREVAN, April 2 /ARKA/. Armenia’s State Revenue Committee ...
04/02/2024Armenia to lower duty-free online trade threshold to 200 euros
Armenia’s State Revenue Committee (SRC) has announced today that on April 1, 2024 the preferential regime with increased threshold for duty-free online trade of goods for personal use by individuals will be canceled. YEREVAN, March 29. /ARKA/. Armenia’s State Revenue Committee ...
03/29/2024An attempt to smuggle 40 cell phones into Armenia foiled
A department of Armenia’s State Revenue Committee in charge of e-commerce and air transportation has revealed a new case of violation of customs rules, the press service of the SRC reported. YEREVAN, March 29. /ARKA/. A department of Armenia’s State Revenue Committee in charge of e-commerce and air transportation has revealed a new case of violation of customs rules, the press service of the SRC reported. It said a citizen who arrived in Yerevan on a flight from Abu Dhabi tried ...
03/29/2024Single system of electronic services for individuals launched in Armenia (VIDEO)
Armenia’s State Revenue Committee (SRC) said it has launched the single system of electronic services for individuals, which is available in web format. YEREVAN, March 22. /ARKA/. Armenia’s State Revenue Committee (SRC) said it has launched the single system of electronic services ...
03/22/2024In February, 77 Armenian companies were fined 45.75 million drams for employing unregistered workers
Seventy-seven corporate taxpayers were fined 45.8 million drams in February 2024 for hiring unregistered employees, the press service of the State Revenue Committee (SRC) reported. YEREVAN, March 20. /ARKA/. Seventy-seven corporate taxpayers were fined 45.8 million drams in February 2024 for hiring unregistered employees, the press service of the State Revenue Committee (SRC) reported. It said twenty-two taxpayers ...
03/20/2024Notifications on administrative offenses will be published on personal pages of taxpayers
Armenia's State Revenue Committee (SRC) has introduced a new system of electronic management of proceedings on administrative offenses. YEREVAN, March 18. /ARKA/. Armenia's State Revenue Committee (SRC) has introduced a new system of electronic management of proceedings on administrative ...
03/18/2024Modernization of Meghri checkpoint on Armenia-Iran border will be completed in 2026
... project of the Meghri checkpoint on the Armenian-Iranian border is proceeding according to the plan and will be completed in 2026, the director of Tana Energy Management contractor company Behzad Eslahchi said today at a meeting with officials of the Armenian State Revenue Committee (SRC). Representatives of the State Revenue Committee emphasized the importance of the project and the need for cooperation on technical issues, SRC said. An agreement on the modernization of the Meghri checkpoint was signed on January 27, 2023 between ...
03/13/2024Armenian State Revenue Committee says who is obliged to submit income declaration for 2023
The State Revenue Committee of Armenia has named the categories of citizens who are obliged to submit a declaration of income for the reporting (2023) year to the tax authority by May 1, 2024. YEREVAN, March 13. /ARKA/. The State Revenue Committee of Armenia has named the categories ...
03/13/2024Armenian SRC reminds business entities of fines for non-cash payments (VIDEO)
Armenia’s State Revenue Committee (SRC) reminded today that business entities, which use cash register machines are obliged to ensure for customers the possibility of non-cash payments through payment cards in line with the law On Non-Cash Transactions. YEREVAN, February 29. /ARKA/....
02/29/2024Armenian SRC to amend legislation and exempt labor migrants from paying taxes at home
Armenia’s State Revenue Committee SRC) told the Public television it is developing a set of amendments to the legislation on taxation of income of citizens working abroad (mainly in the Russian Federation). YEREVAN, February 22. /ARKA/. Armenia’s State Revenue Committee SRC) told ...
02/22/2024Armenian labor migrants unhappy with SRC plan to tax them at home
... between the income tax rate paid in the foreign country and the rate applied in Armenia. If the income tax rate paid in a foreign country exceeds the income tax rate applied in Armenia, the citizen is not obliged to pay income tax in the Republic of Armenia. SRC said they had sent notices to the mentioned category of citizens in accordance with the procedure prescribed by the legislation with a request to calculate and pay the difference. Taking into account the public discussions on the issue, the SRC confirms ...
02/21/2024More than 90 companies fined nearly AMD 40 mln for not registering employees ...
Armenia's State Revenue Committee (SRC) reported that 92 companies were fined 39.8 million drams in January 2024 for having unregistered employees. YEREVAN, February 15. /ARKA/. Armenia's State Revenue Committee (SRC) reported that 92 companies were fined 39.8 million drams in January ...
02/15/2024State Revenue Committee fines 82 taxpayers for violating law in January
Armenia's State Revenue Committee (SRC) said today that 82 corporate taxpayers violated the requirements of the law "On non-cash transactions" in January 2024. YEREVAN, February 14. /ARKA/. Armenia's State Revenue Committee (SRC) said today that 82 corporate taxpayers violated ...
02/14/2024SRC imposes fines worth 189 million drams for violation of cash register rules
In January 2024 alone, employees of the State Revenue Committee of Armenia (SRC) recorded 729 cases of violating the rules of using cash register machines (CRMs), imposing fines totaling AMD 189.5 million. ---- YEREVAN, February 14. /ARKA/. In January 2024 alone, employees of the State Revenue Committee of Armenia (SRC) ...
02/14/2024Armenian customs officers stopped import of more than 7.6 tons of undeclared clothes
Employees of the State Revenue Committee (SRC) of Armenia stopped the import of 7,633 kilograms of undeclared clothes, the press service of the agency reported. YEREVAN, February 9. /ARKA/. Employees of the State Revenue Committee (SRC) of Armenia stopped the import of 7,633 kilograms of undeclared ...
02/09/2024Armenia tightens control over goods imported from EEU
... Kazakhstan, Kyrgyzstan and Russia. YEREVAN, February 8. /ARKA/. Armenia's State Revenue Committee has tightened border control over goods imported from the Eurasian Economic Union (EEU) member states of Belarus, Kazakhstan, Kyrgyzstan and Russia. The SRC said in a statement that shipments that were sent to Armenia from other EEU countries but underwent unloading, reloading or other cargo operations in the territory of third countries were still treated as EEU goods, and tax authorities only issued warnings (to importers against possible violations). According ...
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