Armenia capital gains tax calculator

There is no separately named personal capital gains tax: disposals are taxed through the income tax, and the treatment depends on the asset. Securities (listed shares, funds, ETFs and unlisted participation) are deducted, non-taxable income for individuals under article 149 of the Tax Code. Land is always deducted. Property pays 10% of the sale price when a company, an individual entrepreneur or a notary buys, and nothing when a private individual who is not in business buys; a natural-person developer pays 20%.

The tax base is the alienation income, the price, not the profit: the Code provides no acquisition-cost deduction for an individual. So a property sale to a business pays 10% of the price outright (article 150(9)), and a developer's sale pays 20% (article 150(11)) on the price or 80% of the cadastral value where that is higher.

No. Armenia gives an individual no capital-loss pool, no same-year netting across disposals and no loss carry-forward. Each taxable disposal stands alone, and because property is taxed on the price rather than the profit, a loss is not a deductible amount at all.

Armenia levies no separately named personal capital gains tax: the Tax Code's income tax (Section 11, articles 141 to 156) governs disposals. The general personal income tax rate has been 20% since 1 January 2023 (article 150(1)). No disposal on this page is taxed at that general rate: each kind of disposal has its own treatment in the articles below. Source: https://www.arlis.am/en/acts/229632 article 150(1); State Revenue Committee, General information pertaining to income tax, https://src.am/storage/File_Link_Uploade/1GeneralInfo_67977eccea69b.pdf

Securities are not taxed for individuals. Income from participation in an organisation's authorised or share capital (stock, share, unit), income from other securities proving investment, and income from investment-fund participation securities is deducted (non-taxable) income under article 149(1)(2) and (3). This covers listed shares and ETFs, funds, and unlisted participation alike: there is no separate rate for a listed holding, and the article 149(2)(4) dividend carve-out does not reach a capital gain. Source: https://www.arlis.am/en/acts/229632 article 149(1)(2)-(3); https://src.am/storage/File_Link_Uploade/1GeneralInfo_67977eccea69b.pdf

The one securities exception is tied to construction, not to a holding period: the article 149 deduction does not apply where the participation (stock, share, unit) in the authorised or share capital was formed through a building, apartment, private house or other construction (including unfinished) and is alienated during the tax year that includes the day of acquisition or the three tax years following it. That income pays 10% (article 150(15)). The test counts tax years, not days: an interest acquired in 2023 is taxable through 2026 and deducted from 2027. Source: https://www.arlis.am/en/acts/229632 articles 149(2)(3), 150(15)

Property sales are shaped by who buys. Income from the alienation of property pays 10% (article 150(9)), but income received from a natural person who is not an individual entrepreneur or notary as a result of the alienation of the seller's property is deducted (article 147(1)(16)), and income from the alienation of land is always deducted (article 147(1)(38)). The tax base is the alienation income (the price), not the profit: the Code provides no acquisition-cost deduction for individuals. Source: https://www.arlis.am/en/acts/229632 articles 147(1)(16), 147(1)(38), 150(9)

A developer's sale pays 20%, not 10%. Where a natural person who is a developer of a multi-apartment (including multi-functional) building, subdivided building or private residential house alienates a building, its apartments, constructions (including unfinished) or other premises to another natural person, the income is the actual transaction price, or 80% of the immovable property tax base (cadastral value) where the price is absent or below that floor (article 145(1)(1)), and the rate is 20% (article 150(11)). Source: https://www.arlis.am/en/acts/229632 articles 145(1)(1), 150(11)

Crypto since 1 January 2025: income from the alienation of a crypto-asset is deducted (non-taxable) income under article 147(1)(16.1), except crypto-assets that are unique in essence and not replaceable (NFTs) and crypto-assets automatically created as a reward for distributed-ledger maintenance or transaction validation, which pay 1% under article 150(9.1). Law HO-499-N of 4 December 2024 put the rules in force from 1 January 2025 to 31 December 2031. Source: https://www.arlis.am/en/acts/229632 articles 147(1)(16.1), 150(9.1), and the article 150 amendment note

Other deducted disposals: gold and precious stones sold to an agent trading them at a gold market (article 147(1)(39)); a motor vehicle (including agricultural machinery) sold to a VAT payer holding a trade-in licence (article 147(1)(41)); and compensation paid for property taken for state or community needs (article 147(1)(28)). Armenia grants an individual no capital-loss pool and no loss carry-forward: losses do not reduce other disposals and each taxable amount stands alone. The annual income declaration and payment are due by 1 July of the following year (article 156(4) and (4.1), as amended; the SRC's English guide still prints 1 May). Source: https://www.arlis.am/en/acts/229632 articles 147(1)(28),(39),(41), 156(4),(4.1)