New tax on winnings in Armenia
For winnings below this amount, players must independently pay a 10% income tax on the net winnings, which increases the administrative burden on participants.
The law also prohibits the operations and advertising of offshore gambling operators in Armenia. This measure strengthens the domestic market, prevents capital outflow, and reduces risks for citizens by limiting access to unregulated gaming platforms.
Sorokin David
2024.06.18
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