Amendments to the accounting treatment of free cash flow

Dear Colleagues, According to the amendments introduced to the RA Tax Code (effective from December 26, 2023, and applicable to the relations that occurred after January 1, 2023), a new sign of income recognition to determine the income tax base is defined, in terms of target funds received as compensation for costs already incurred under government-funded programs of state support of the agro-industrial complex. To find out more details and get a consultation, you can contact us at 093 12 30 08.