Yerevan City Council Introduces New Tax Rate Changes: Progressive Tax Rate for Cars and Zoning System Implemented

Local tax rate changes are expected in legislation as Yerevan City Council introduces progressive tax rates for cars. The city will be divided into two zones, with different parking fees for each. The aim is to limit parking based on time and day, rather than for fiscal gain. The proposed changes were approved by 32 factions, with 3 abstentions.