What tax liabilities arise from the lease of immovable property and how should the tax liabilities be fulfilled?

According to the RA Tax Code:
- passive income is defined as income received by an individual from investing in his assets (providing) income exclusively from the activities of other persons, in particular dividends, interest, royalties, rent, surcharges on assets. According to point 27 of the same part, gross income is the sum of incomes received during the reporting period or defined by the Code to be received,
- Article 25 defines the provisions on a natural person being considered a resident or non-resident of the Republic of Armenia,
- According to point 1 of part 1 of Article 141, the object of income tax for resident individuals is the gross income received from sources in the Republic of Armenia (or) from sources outside the Republic of Armenia, except for notaries of sole proprietors registered in the Republic of Armenia. business income.
In accordance with point 2 of the same part, the gross income received from RA sources is considered an object of income tax for non-resident individuals;
- According to Article 143, Part 1, Point 1, the taxable income is considered to be the income tax base for resident individuals, which is determined as the Positive difference between the Gross Income and deductible income provided for in Article 147.
- Pursuant to Article 144, Part 1, point 3, incomes received from RA sources are considered passive incomes in the cases defined by Part 3 of Article 107 of the Code,
- According to Article 150, Part 7, the income tax on rent payments is calculated at a rate of ten percent, and in case the sum of rent payments received during the tax year exceeds 60 million drams, For the excess, the individual calculates an additional income tax at the rate of ten percent.
- Pursuant to Article 151, Part 3, in cases not specified in paragraphs 1 and 2 of the same Article, each reporting year shall be considered a reporting period for the payment of income tax from the tax base received in the reporting year.
Taking into account the above, we inform that the incomes received from the rent of real estate located in the territory of the Republic of Armenia, by both resident and non-resident individuals, are subject to income tax at the rate of 10%
We would also like to inform you that in case the sum of rent payments received during the tax year exceeds 60 million AMD, the individual will automatically calculate an additional income tax at the rate of 10% for the excess.
At the same time, the taxpayer or tax agent submits the tax calculations defined by the Code electronically on the basis of an electronic tax filing agreement concluded with the tax authority, using an electronic digital signature, an electronic code and a password.