The Corporate Tax Rate in Armenia stands at 18 percent. source: Tax Service of Republic of Armenia

Corporate Tax Rate in Armenia averaged 19.56 percent from 2006 until 2023, reaching an all time high of 20.00 percent in 2007 and a record low of 18.00 percent in 2020. This page provides - Armenia Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Corporate Tax Rate - values, historical data and charts - was last updated on June of 2023.

Corporate Tax Rate in Armenia is expected to reach 18.00 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Corporate Tax Rate is projected to trend around 18.00 percent in 2024, according to our econometric models.

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Armenia Corporate Tax Rate

Related Last Previous Unit Reference
Personal Income Tax Rate 20.00 21.00 percent Dec 2023
Corporate Tax Rate 18.00 18.00 percent Dec 2023
Sales Tax Rate 20.00 20.00 percent Dec 2023

Armenia Corporate Tax Rate
In Armenia, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Armenia.
Actual Previous Highest Lowest Dates Unit Frequency
18.00 18.00 20.00 18.00 2006 - 2023 percent Yearly