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VTB Bank (Armenia) joins government-designed program to refund income taxes to persons repaying mortgage loans

18.03.2015 20:59

VTB Bank (Armenia) joins government-designed program to refund income taxes to persons repaying mortgage loans

YEREVAN, March 18. / ARKA /. VTB Bank (Armenia) has joined a government-designed program to refund  income taxes to persons repaying mortgage loans.

The Russian-owned bank said all its customers  who have been provided with mortgage loans starting from November 1, 2014  for building or buying homes may ask the bank to certify the amount of interest they have paid on mortgage loan to provide the document to  tax authorities.

Under the corresponding  law and a  government decision both adopted in late 2014 this offer covers all hired employees, private entrepreneurs or notaries.

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