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Armenia to Increase Turnover Tax for Food Service Sector from 2022

|Approved Changes|Armenia
Armenia

As previously reported, Armenia's State Revenue Committee decided to delay the planned increase in the turnover tax rate for the food service sector. The rate was to be increased from 6% to 8% effective from 1 January 2019, with a further increase to 10% from 1 January 2020. It has now been decided that the rate will be increased to 10% from 1 January 2022, with the possibility of claiming a ta…

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