Cover IMF Staff Country Reports
Republic of Armenia: Technical Assistance Report on Personal Income Tax: Policy Review and Introduction of a Universal Declaration
Author:
International Monetary Fund. Fiscal Affairs Dept.
Search for other papers by International Monetary Fund. Fiscal Affairs Dept. in
Current site
Google Scholar
PubMedClose
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2023: Issue 060
Language:
English
Publication Date:
30 Jan 2023
DOI:
https://doi.org/10.5089/9798400232527.002
ISBN:
9798400232527
ISSN:
1934-7685
Pages:
46
Keywords:
Personal income tax universal income declaration tax incentives; mortgage interest tax credit; microenterprise regime; IMF Fiscal Affairs Department; taxpayer register; authorities of the Republic of Armenia; Tax allowances; Personal income tax; Income; Mortgages; Interest tax; Central Asia
Download PDF (2.1 MB) Download Epub
This report reviews the Personal Income Tax in Republic of Armenia and identifies policy and administration options to support the introduction of a Universal PIT Declaration, as well as enhance the PIT’s revenue mobilization and equity. We discuss improvements of the PIT’s tax incentives, with a focus on the mortgage interest tax credit, and opportunities to make the PIT more progressive while preserving its revenue mobilization performance. Best practice administrative solutions are presented to facilitate the introduction of the Universal Declaration, including prefilling of information and organizational issues.
  • Collapse
  • Expand
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2023: Issue 060