"Zhoghovurd" daily writes:
"As of November 2024, 782 thousand 832 employees were registered in Armenia, who must submit the 2024 declaration by May 1, 2025.
From this year, they must report to the state how much money they earn, from where and by what means.
From now on, the income declaration will be submitted to the SRC once a year. The RA Law on Amendments and Additions to the RA Tax Code was adopted on December 23, 2023 and entered into force on January 1, 2024, Article 3 of which defines Article 156 of the RA Tax Code. Amendments and additions subject to the Article.
With the additions and amendments made, it was established that "the citizens of the Republic of Armenia who do not submit annual income tax statements, who are residents of the Republic of Armenia, are obliged to submit income tax to the tax authority in accordance with the procedure established by Article 53 of the Code by May 1 of the tax year following each accounting period inclusive. annual calculations, declarations".
"Zhoghovurd" daily newspaper informs that a person must submit a declaration by May 1, 2025 inclusive, if: during 2024 he was considered an employee, • during 2024 he received taxable income within the framework of civil law contracts, • December 31, 2024 held a state service, community service and/or public position defined by the RA Law "On Public Service" as of 2024 As of December 31, 2023, he was a participant of an RA resident commercial organization that declared a gross income of AMD 1 billion or more in 2023. During 2024, he was considered a beneficial owner of a legal entity under the RA Law "On Combating Money Laundering and Terrorist Financing" in 2024. received a loan of 20 million drams or more during 2023.
From 2026, all adult citizens of RA will submit a declaration, regardless of whether they are registered employees or not."
