ARMENIAN SOCIAL PAYMENT SYSTEM TO BE CHANGED

Vestnik Kavkaza
Nov 8 2012
Russia

Armenian Minister for Labour and Social Affairs Artyom Asatryan said
that the system of social payments from wages will be discontinued
on January 1, 2013.

Income tax for a monthly wage of $294 will total 24.4%. Higher wages
will have a tax rate of over 26%.

People without tax agents will have a rate of 24.4% and 26% for sums
over and under $3530 a month respectively.