Armenia hikes tax on diamond & gold!
The
Minister of Economic Development and Investments of RA Tigran Khachatryan
informed that Armenian government has decided to consistently increase the tax
on imported gold and diamonds from the non-EAEU countries. This year, the tax
on imports of gold and diamonds will increase by 3%.
"
a 3% duty will be applied to imports of diamond and gold products. In 2020, the
duty will reach 6%, and in 2021 it will go up 10% for gold and 9% for diamonds,
in 2022 it will rise by 15%," says Khachatryan.
Armenia
increases tax on imports of gold and diamonds from non-EAEU countries, according
to the Minister, an income tax increase will strengthen the position of local
business.
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