You Can Transfer Up to 300,000 Drams Without Declaring It: Head of the State Revenue Committee

I want to make an important announcement:

This was stated by the Head of the State Revenue Committee, Edward Hakobyan, during a broadcast on Public Television, informing that an important order has been signed.

“A threshold of up to 300,000 drams has been set. This means that transactions up to 300,000 drams do not need to be declared. We have tried to examine what the picture looks like in the banking system for these transfers, and based on various assessments, a significant majority falls within this threshold,” said the head of the SRC, emphasizing that this applies only to non-taxable transactions and is unrelated to salaries.