Along with the revaluation of AMD, Step Consulting has sent a letter-proposal to the RA Prime Minister (RA Government) on behalf of a number of companies, the purpose of which was to receive an income tax compensation from the budget in the form of cash back amounting to the average salary of every fifth or tenth employee (presented below).
More than 80 companies, large, medium and small representatives of the sector, have joined our initiative (DataArt Armenia, Adobe Armenia Renderforest, Vineti AM, MentorcliQ International, BM Technologies, Simply Technologies, EasyDMARC, Podcastle AI, Softr, Talkdesk, Webiz AM, Preezma).
We are happy to let you know that it gave its positive result, and today the draft of the RA Government decision on granting state support to commercial organizations and individual entrepreneurs operating in the field of information technologies was published.
The published draft is identical to our proposals and the Government has the intention to make income tax cash back in the amount of 50% (for those who already benefit from tax benefits) and 100% (for those who don't have tax benefits) of the employment and civil agreements.
The approval of this draft means that within the period of September-December the income tax paid by IT companies will be returned.
You can read the content of the decision by following the link:
https://www.e-draft.am/projects/4739/about

01 January 2020, Wednesday | 1144