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How much of your Salary Income is taxed?

According to Article 10 of the RA law on Income Tax, which was adopted on 22 December 2012, the tax agent calculates the income tax according to the following rates:

Size of the monthly taxable income

Tax Amount:

– Up to AMD 120000 – 24.4 percent of taxable income

– Up to 120.000-200.0000 – AMD 29.280 plus 26 percent of the excess amount of AMD 120.000,

– Up to 200.0000 – AMD 518080 plus 36 percent of the excess amount of AMD.

Iravaban.net

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