U.S.-Armenia Double Tax Treaty to be discussed in MarchFebruary 12, 2018 - 12:02 AMT PanARMENIAN.Net - Discussions on a new U.S.-Armenia Double Tax Treaty will be discussed at an intergovernmental committee session in March, Armenia’s finance minister Vardan Aramyan has said, according to Aysor.am. “I can’t remember a single intergovernmental commission session without discussions on the matter,” Aramyan said, adding that he has already discussed the issue with U.S. ambassador to Armenia Richard M. Mills. “We are confident that the lack of such a deal hinders positive decisions by economic entities.” “It is important for Armenia to have a Double Tax treaty with the U.S. if we want to expand economic relations,” Aramyan said, revealing that is American counterpart has already given the first positive response. U.S. Treasury Secretary Steven Mnuchin, during Congressional testimony on February 6 before the U.S. House Financial Services Committee, agreed - in response to direct questioning by Representative Brad Sherman (D-CA) - to commit Treasury Department officials to pursue a new U.S.-Armenia Double Tax Treaty, a long-overdue bilateral accord that will remove barriers to the growth of U.S.-Armenia economic relations. 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 | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |