Parliament approves ratification of Armenia-Kyrgyzstan double tax treaty

15:49, 6 March, 2020

YEREVAN, MARCH 6, ARMENPRESS. The Armenian Parliament adopted today the bill to ratify the treaty between Armenia and Kyrgyzstan on excluding double taxation of revenue and preventing tax evasion.

The bill on ratifying the agreement has been introduced in Parliament by deputy finance minister Arman Poghosyan who said that the treaty is very awaited and demanded for economic entities providing professional services, especially in audit, consulting, accounting spheres. Armenian resident consulting companies of this field reach their turnover to major volumes also in Kyrgyzstan.

The treaty has been signed in Kyrgyzstan on August 9, 2019.

Edited and translated by Aneta Harutyunyan

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS