In Armenia, Introduce A New Taxation System For Gambling

A new taxation system for organizers of gambling will be introduced in armenia. This became known from and.About. Depeuty minister of finance arman pogosyan.

He explained that at the moment the totals and bookmakers pay a fixed duty for their activities. In this case, its size does not depend on the total amount of revenue of one or another object. However, according to pogosyan, this is the wrong approach. He believees that it is logical to set the amount of tax, focusing on the company’s income. At the same time, pogosyan also noted that the rates will not be taxed by vat.

The official explained this by the fact that vat applies to services or goods. However, according to him, the rates do not have material value. Therefore, the government decided to free them from vat, at the same time, at the sam time, the tax on the profit of gambling is up to 20%.

Recall: new restrictions on gambling will be introduced in armenia. In the law «on games winning and gambling houses» changes.