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Armenia’s businesses step up criticism of new tax policy: THIS WEEK IN BUSINESS

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  • Armenia’s business community collected more than 2,300 signatures from entrepreneurs on a petition demanding the government repeal a policy that doubles taxes on small businesses. The changes, which business owners say will lead to mass closures, came into force at the beginning of the year.
  • Armenia’s long-stalled Amulsar gold mine expects to pay some $120 million in taxes every year and create 4,750 direct and indirect jobs once production begins, Lydian Armenia CEO Hayk Aloyan told the Armenpress news agency.
  • A step-by-step guide to Armenia’s new income declaration system.

The post Armenia’s businesses step up criticism of new tax policy: THIS WEEK IN BUSINESS appeared first on CIVILNET.


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