“Since 2008, when I was transferred to the finance ministry, I can’t recall a single year when we haven’t raised this issue as a priority in the Armenian-American intergovernmental commission”, he said.
Asked what the agreement gives, the minister answered “when businessmen make decisions, they look at the taxation area, and this is important for them”.
“Countries which have double taxation agreements inspire trust to businessmen, so in the future if theoretically some differences happen, the game rules are more specific, we are always discussing this issue with our American partners. Days ago Armenia signed a double taxation agreement with Israel, which outlines that this is important for us. Oday, there are 46 countries with which we have signed double taxation agreements, Israel became 47th, we hope the US will be next”, Aramyan said.
As to when Armenia will have an agreement abolishing double taxation with the US, the minister was unable to give a specific answer. “I think we still have work to do with our American partners, b...
