Taxes on income, profits and capital gains as a share of revenue reached 36.2% in 2020 in Armenia, according to the National Statistical Office. This is 3.23% less than in the previous year.
Historically, taxes on income, profits and capital gains as a share of revenue in Armenia reached an all time high of 40.1% in 2018 and an all time low of 10.2% in 2003.
Armenia has been ranked 22nd within the group of 109 countries we follow in terms of taxes on income, profits and capital gains as a share of revenue.
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