“Armenian Gambling Organizers to Face 10% Tax on Earnings Over 5 Million Drams, Says Head of State Revenue Committee”
Organizers of gambling activities in Armenia earning over 5 million drams will pay a 10% tax, as discussed by Rustam Badasyan of the State Revenue Committee. The government aims to regulate earnings taxation in the gambling sector, currently considered non-taxable. Remaining earnings will be calculated annually, and if there’s a positive difference, it will be subject to a 5% tax rate paid through a declaration to the state budget.
Kazakhstani Supreme Court Orders Return of Confiscated Assets Worth Over $90 Million from Oligarchs
Kazakhstani court orders return of $90 million from oligarchs to state treasury. Funds to be used for social purposes, including pandemic recovery. Law on asset restitution to lead to construction projects in Astana and Shymkent. “Kazakhexportsport” sells military equipment to Ukraine.