Gazprom Armenia traditionally holds leadership position among largest taxpayers in Armenia

ArmInfo. Gazprom Armenia  retains its leadership position among the largest taxpayers of  Armenia, in Jan-Sep of 2016 the company paid 29.8bln drams taxes to  the state budget, 237 mln drams of which are custom duties, 5.6 bln  drams-direct taxes (including income tax, tax on profit), 24.3 bln  drams-indirect taxes (including VAT, excise tax).

According to the data of the State Revenue Committee of Armenia the  top-5 taxpayers have paid 87.1 bln drams, 33.2 bln of which are  direct taxes (income tax, profit tax) and 53.8 bln -indirect taxes  (including VAT, excise tax).

The second position among TOP-5 taxpayers belongs to Grand Tobacco  Canadian- Armenian JV - more than 16.5 bln drams. Vorotan Cascade of  HPP goes the third with 15.6 bln drams, Electric Networks of Armenia  rose to the fourth position from the previous year's 5th place paying  14.1 bln drams. Alex Grig LLC rounds out the TOP-5 with more than  11.1bln drams rising from the previous 6th position. 

Teghout mining company goes 6th (versus 18th position in previous  year), K-Telecom (trademark VIVACell-MTS) ranks 7th (versus 4th  position in previous year), CPS Oil Corporation is the 8th (versus  10th position in previous year), Flash OJSC holds the 9th position  (no changes over year), "Armenia Telephone Company" CJSC (Beeline  trademark) is the 10th versus the 7th place in previous year. 

To note in Jan-Sep 2015 TOP-5 taxpayers in Armenia were Gazprom  Armenia  CJSC (retains leadership since 2012), Zangezour Copper and  Molybdenum Combine, Vorotan Cascade of  HPP, K-Telecom and Electric  Networks of Armenia. In overall these companies paid 94.2 bln drams  taxes. (Exchange rate of dram against US dollar was 474.46 AMD/$1 on  September 30 2016).