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Tax Treaty between Armenia and Sweden has Entered into Force

01 June 2017

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Treaty Development

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Armenia-Sweden

The income and capital tax treaty between Armenia and Sweden reportedly entered into force on 1 June 2017. The treaty, signed 9 February 2016, is the first of its kind directly between the two countries, although the 1981 income and capital tax treaty between Sweden and the former Soviet Union had applied in respect of Armenia, but was terminated. Taxes Covered The treaty covers Armenian profit tax, income tax, and property tax. It covers Swedish national income tax, withholding tax on dividends, income tax on nonresidents, income tax on nonresident artistes and athletes, municipal income tax, and net wealth tax....