VAT on Gifts, Discounts and Deals

Gratuitous or partially compensated transactions in Armenia are subject to full VAT taxation based on the real (market) value of the goods and services provided. Article 6(3) of the Law on VAT. If the goods (services) are sold at a price which is substantially lower than the normal price, the transaction shall be treated as a partially compensated (or [...]

By | 2017-01-30T13:26:29+00:00 October 23rd, 2014|VAT @hy|Comments Off on VAT on Gifts, Discounts and Deals