Wednesday, May 6, 2015

Armenia To Tax Migrant Workers

Dismissing opposition objections, the National Assembly approved on Wednesday a government bill that will require some of the hundreds of thousands of Armenians working abroad to pay taxes in Armenia.

The bill will primarily apply to construction firms that are registered in Armenia but implement building projects abroad and Russia in particular. The government will be able to levy a 13 percent income tax from their employees.

The payroll tax rate for workers in Armenia is 24 percent.

Presenting the bill to lawmakers, Deputy Finance Minister Vakhtang Mirumian said the government expects a boost to its tax revenue. "Some of our citizens work abroad and I think that there is nothing wrong with this mechanism," he said. "We are telling them to pay their taxes here, rather than there."

Armenian News

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