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14.11.2014

Armenia and Israel to initial agreement for avoidance of double taxation

Armenia and Israel to initial agreement for avoidance of double taxation

The agreement aims at avoiding double taxation between the two states in foreign trade, disallowing tax discrimination with respect to the business units of the parties and establishing cooperation between the tax administrations of the two states including information exchange in tax issues. The signing of the agreement will provide for the expansion of goods turnover between Armenia and Israel and will promote the development of economic ties.
After undergoing internal procedures the agreement shall take effect in the two states.

 

 

 

 

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