15:06 | July 24, 2018
Catherine Group Company Ltd., a major fruit importer and distributor in Armenia, and three related companies have paid AMD 600 million ($1.247m) in additional tax after government auditors found that they had underreported revenues.
16:30 | July 19, 2018
The “Arzni” waters plant in the Byureghavan community of the Kotayk Marz has become a headache for “Anelik Bank” CJSC (now ID Bank, renamed after rebranding). The new shareholder of the bank has suddenly found himself in a predicament where the sole hope for its resolution is the impartiality of the new government and the judicial system.
15:24 | July 10, 2018
Armenian Prime Minister Nikol Pashinyan has thrown cold water on a proposal submitted by two Republican Party of Armenia MPs to set the income tax rate at 20% for those making more than AMD 500,000 a month, and 25% for those earning more than that.
14:27 | July 6, 2018
Armenian Minister of Economic Development and Investments Artzvik Minasyan today met with a World Bank delegation led by Isfandyar Zaman Khan, the organization’s Financial and Private Sector Development Sector Leader for Europe and Central Asia.
22:59 | June 1, 2018
Eleven large business groups in Armenia, including the Yerevan City supermarket chain owned by MP Aleksanyan’s family, and SAS Group, owned by MP Artak Sargsyan’s family, have signed an open letter to Prime Minister Nikol Pashinyan asking for a meeting to discuss their concerns regarding the government’s recent crackdown on tax and other business infractions.
10:43 | May 26, 2018
Armenia’s Ministry of Foreign Affairs signed a €2.120 million contract with Agence Publics, an ESL&Network company, on April 14 to provide advice regarding the design and implementation of events surrounding 2018 La Francophonie Summit, to be held in Armenia this October, and organizing a concert to mark the 2,800th anniversary of Yerevan.
13:35 | May 18, 2018
After presenting employees at Armenia’s State Revenue Committee (SRC) with their new boss, Davit Ananyan, Armenian Prime Minister Nikol Pashinyan stressed the need for further reforms at the SRC, which is comprised of its tax and customs divisions.
17:19 | May 3, 2018
The Armenian government has again granted an import tax waiver to ABC Textile, a company owned by Astghik Aleksanyan, daughter of Armenian businessman and member of parliament Samvel Aleksanyan, and the sons of former Lebanese Minister of Energy and Water Reserves Arthur Nazaryan.
16:19 | May 3, 2018
Colonel Daniel Danielyan, who heads the police department’s Registry Department of Traffic Violations Caught on Camera, entered the HSBC branch at the intersection of Komitas and Gulbenkian at 2:25pm today.
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