ArmInfo.On April 1, the Government of Armenia approved the draft law "On the ratification of the Agreement between the Governments of the Republic of Armenia and the Republic of Malta on the elimination of double taxation and the prevention of income tax evasion".
According to the official website of the government, the document was signed on September 24, 2019. According to the RA State Revenue Committee, Armenia already has similar agreements with 47 countries. The purpose of these agreements is to eliminate double taxation in foreign trade between the two states, to prevent tax discrimination against economic entities of the parties, to eliminate double taxation on property and income, and to create a predictable and stable tax environment for business.
