  Foreign investors in Eurobonds to get income tax exemption in Armenia August 22, 2013 - 16:18 AMT PanARMENIAN.Net - The government of Armenia introduced amendments to the Law on Income, stipulating for tax exemption for the income received by non-residents through foreign currency investments in Armenian state bonds. The resolution aims to stimulate non-resident investments into Armenian Eurobonds. Deutsche Bank AG, London Branch, HSBC Bank plc и J.P.Morgan Securities plc. are among those to act as underwriters for the first emission of Eurobonds.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
