IMF Staff Country Reports

Republic of Armenia: Technical Assistance Report on Personal Income Tax: Policy Review and Introduction of a Universal Declaration

January 30, 2023

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Format: Chicago

Republic of Armenia: Technical Assistance Report on Personal Income Tax: Policy Review and Introduction of a Universal Declaration, (USA: International Monetary Fund, 2023) accessed November 23, 2024

Summary

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.

Subject: International organization, Monetary policy

Keywords: Personal income tax universal income declaration tax incentives

Publication Details

  • Pages:

    46

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2023/060

  • Stock No:

    1ARMEA2023001

  • ISBN:

    9798400232527

  • ISSN:

    1934-7685