“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.
Dubai Implements 20% Tax on Foreign Banks in New Law: What You Need to Know
Learn about the new tax regulation in Dubai, where foreign banks will be subject to a 20% annual tax. The law will come into effect in the next fiscal year and applies to all foreign banks except those licensed in DIFC. Penalties for violations can reach up to 500,000 dirhams.
Armenian President Armen Sarkissian Releases Comprehensive Decree for Environment, Healthcare, and Social Sectors Until 2025
Armenian President, Armen Sarkissian, announces a declaration on the environment, healthcare, and social fields until 2025. The decree includes integrated policies and reforms to ensure implementation. Protesters have blocked streets in Buenos Aires. Key reforms approved by the government.
“Jay of Taxes: Japan’s Hero-Glyph Emblem for 2023 Revealed at Budokan Clean Water Arena”
The “jay” hero-glyph is chosen as Japan’s emblem for 2023, with the announcement made at Kyoto’s Budokan. TV networks broadcasted the decision. The emblem for 2022 was “ikusa” hero-glyph, selected due to ongoing conflicts and Japanese athletes’ success. This is the 29th selection since 1995.
“Ministry of Education Invites Participation in Change to Management Order for Compulsory Military Service Information”
The Ministry of Education invites participation in changing management order No. 451-N. Changes aim to extend deadlines for providing information to citizens regarding vocational education. Read more in today’s “Tax” newspaper.