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 Tuesday, January 21 2025 12:08
Marianna Mkrtchyan

Ex-minister calls for boycott of income tax bills 

Ex-minister calls for boycott of income tax bills 

ArmInfo. Former head of the Ministry of Labor and Social Affairs of Armenia, co-founder of the "Country for Life" party Mesrop Arakelyan calls on citizens to boycott the government's innovation on income declaration.

Thus, on his Facebook page, the politician wrote that this decision  of the Armenian authorities should be annulled. He considered this  innovation to be another step by the authorities to mock the people.  "Universal income declaration will create very serious problems for  citizens.

About 2,600,000 citizens must fill out a declaration for this year.  However, there is only one solution to the problem: universal income  declaration in the Republic of Armenia must be abolished," Arakelyan  noted.

At the same time, he said that his political force intends to  initiate the collection of signatures for the abolition of these  provisions of the Tax Code (amendments to the Law in the National  Assembly or a referendum).

In 2023, the implementation of the Universal Declaration of Income of  all citizens-residents of the republic was launched in Armenia. By  May 1, 2024, the first group of declarants filed a tax return. At the  first stage, the income declaration for 2023 will have to be filed by  citizens who, as of December 31, 2023, hold municipal or state  positions in accordance with the Law "On Civil Service". In addition,  the first stage includes RA citizens who, as of December 31, 2023,  are participants (shareholders, co-owners, members) of commercial  organizations-residents of the RA, which declared a gross income of 1  billion drams or more based on the results of 2022, as well as those  citizens who are considered real beneficiaries in accordance with the  RA Law "On Combating Money Laundering and Terrorist Financing" and  those who received a loan of 20 million drams or more in 2023. For  the reporting year of 2024, the declaration will be submitted by  citizens who are employees in the private sector and those who  received income under a civil law contract. In 2025, all other  resident citizens will become declarants. Declarations must be  submitted before May 1 of each year following the reporting year. All  minors are exempt from the obligation to submit income declarations.

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