The National Assembly of Armenia has officially adopted amendments to the country’s Tax Code in its second and final reading. The new legislation outlines a revised excise tax schedule spanning 2027 to 2029, designed to redistribute the tax burden across alcohol categories and gradually tighten tobacco taxation.
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The Armenian government has approved amendments to the “Code of Administrative Offenses of the Republic of Armenia” to increase fines for selling tobacco products that do not meet the Eurasian Economic Union (EAEU) standards. The decision comes as the transitional period for compliance with EAEU technical regulations, which began in 2016, is set to end on January 1, 2024.
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