Provisions of the RA Tax Code
02.04.2022

On April 2 2022, the ASSOCIATION OF ACCOUNTANTS OF ARMENIA hosted Vakhtang Mirumyan, a recognized expert in the tax field, Head of the ACCOUNTANTS AND AUDITORS TRAINING-CONSULTING CENTER.
The seminar was filled with heated discussions and brainstorming.
Mr. Mirumyan presented the following provisions of the RA Tax Code to the member accountants of the Association:
- Losses (article 122);
- Other deductions (article 123);
- Other deductions from the gross income made for the purpose of determining the tax base for banks, credit organizations, insurance companies, and professional participants in the securities market (article 124);
- Profit tax rates (article 125);
- Exemption from the payment of profit tax (article 126).
Association member accountants received answers to legislative questions bothering them, as well as interpretations of several controversial provisions.
Regional accountants-members of the Association also participated in the seminar remotely.
