Friday, April 28 2017 17:03
Karina Melikyan

In list of largest taxpayers of Armenia among telecoms operators, Armenia Telephone Company (BeeLine brand) leads

In list of largest taxpayers of Armenia among telecoms operators, Armenia Telephone Company (BeeLine brand) leads

ArmInfo. In the list of the largest taxpayers of Armenia among telecoms operators, Armenia Telephone Company (BeeLine trademark) leads in the first quarter of 2017, having deducted 2.2 billion AMD to the budget through taxes, of which 297.9 million AMD - on customs duties, 832.04 million - On direct taxes (including profit tax, income tax) and 877.2 million on indirect taxes (including VAT, excise tax). In the same list of 1000 largest taxpayers, "Armenia Telephone Company" occupies the 11th position, against the 5th a year earlier.

According to the published data of the Armenian State Revenue Committee, the four telecom operators paid 5.4 billion AMD to the budget through the taxes in the first quarter of 2017, of which 2.1 billion - in direct taxes (including profit tax, income tax ) And 1.8 billion - on indirect taxes (including VAT, excise tax).

The second place belongs to "Telecom" (VivaCell-MTS trademark), which paid 1.8 billion AMD to the state treasury in the first quarter of 2017, of which 51.5 million AMD - on customs duties, 729.8 million AMD - on direct taxes (in vol. H. Profit tax, income tax), 729.98 million AMD - on indirect taxes (including VAT, excise tax). In general, the list of 1000 largest taxpayers "K Telecom" is the 14th position, against the 12th a year earlier.

On the third place, UCom, which paid 1.2 billion AMD to the budget on taxes, out of which 147.1 million - on customs duties, 442.6 million - on direct taxes (including profit tax, income tax) and 169.4 million - on indirect Taxes (including VAT, excise tax), ranked 20th in the general list of 1000 largest taxpayers, compared to 51st a year earlier.

In the fourth place, JNC Alfa (a trademark of Rostelecom), paid 160.4 million to the budget for taxes, 44.2 million of which came from customs duties, 105.5 million from direct taxes (including profit tax, Income) and 39.9 million - indirect taxes (including VAT, excise tax), ranked 186th in the overall list of 1000 largest taxpayers, compared with 135th a year earlier.

From the current list of telecom operators, Orange Armenia, which merged with UCom, took the 31st place in the list of 1000 largest taxpayers.

To note, in the first quarter of 2016, five telecom operators paid 6.8bln AMD (or 6.1bln AMD without taking into account the data of "Orange Armenia") to the budget in the total amount of taxes, out of which 3.4 bln came from the share of "Armenia Telephone Company" (Trade name BeeLine). (The calculated exchange rate of AMD as of 31.03.2017 was 483.45 AMD/USD1).

POST A COMMENT
Input digits     


News
Armenia`s premier attends opening ceremony of GTB Steel Company steel  reinforcement plantArmenia`s premier attends opening ceremony of GTB Steel Company steel  reinforcement plant
USD, RUB transactions continue growing in Armenia`s interbank foreign  exchange market Mar 10 to 14, 2025USD, RUB transactions continue growing in Armenia`s interbank foreign  exchange market Mar 10 to 14, 2025
Armenia`s SRC Head, EU Delegation Ambassador to Armenia discuss bilateral agendaArmenia`s SRC Head, EU Delegation Ambassador to Armenia discuss bilateral agenda
Armenia`s Ministry of Territorial Administration, ADB to develop an investment plan for climate change adaptation in Armenia`s road infrastructureArmenia`s Ministry of Territorial Administration, ADB to develop an investment plan for climate change adaptation in Armenia`s road infrastructure
Yerevan Municipality warns stoaways and othersYerevan Municipality warns stoaways and others
Armenia, Vietnam discuss opportunities for tourism developmentArmenia, Vietnam discuss opportunities for tourism development
Armenia, Estonia discuss trade, economic cooperation Armenia, Estonia discuss trade, economic cooperation
In 2024, Armenia increased its fish production to 27,000 tonsIn 2024, Armenia increased its fish production to 27,000 tons
4,664,972 AMD to QaylTech. The beneficiary of The Power of One Dram for March is the Heroes Rehabilitation City4,664,972 AMD to QaylTech. The beneficiary of The Power of One Dram for March is the Heroes Rehabilitation City
Global Finance recognizes Converse Bank as the Global Finance recognizes Converse Bank as the "Best Trade Finance Provider in Armenia "
Armenia`s government rejects Armenia`s government rejects "Hayastan" faction`s proposal to set minimum pension at cost of monthly food basket
Armenia government to support agricultural insurance programArmenia government to support agricultural insurance program
Ecotourism infrastructure to be improved in Armenia`s target communitiesEcotourism infrastructure to be improved in Armenia`s target communities
Armenia`s parliamentary opposition calls for refraining from further property tax rise, government rejects proposalArmenia`s parliamentary opposition calls for refraining from further property tax rise, government rejects proposal
Armenia`s government insists on universal income statements by  individuals Armenia`s government insists on universal income statements by  individuals 
Armenia`s economic growth nearing balanced dynamics - EDBArmenia`s economic growth nearing balanced dynamics - EDB
ADB ready to assist Armenia in hosting COP-17ADB ready to assist Armenia in hosting COP-17
Armenia`s Territorial Administration Ministry approved 32 subsidy programs totaling 8.86 billion dramsArmenia`s Territorial Administration Ministry approved 32 subsidy programs totaling 8.86 billion drams
First beekeeping center in Armenia will open in Lori region this summerFirst beekeeping center in Armenia will open in Lori region this summer
Armenia `moderately free` in 2025 Index of Economic FreedomArmenia `moderately free` in 2025 Index of Economic Freedom
Fewer tourists in Armenia since beginning of 2025 Fewer tourists in Armenia since beginning of 2025
Armenia`s Cabinet of Ministers, as a 20% shareholder of Viva Armenia CJSC, received dividends totaling 2 billion AMDArmenia`s Cabinet of Ministers, as a 20% shareholder of Viva Armenia CJSC, received dividends totaling 2 billion AMD
EAEU forms group to implement pilot programme of electronic  international waybills EAEU forms group to implement pilot programme of electronic international waybills
Formation of common EEC oil, gas, energy markets in progress -  minister Formation of common EEC oil, gas, energy markets in progress -  minister 
Armenia, India can use opportunities to develop economic cooperation  - FMArmenia, India can use opportunities to develop economic cooperation  - FM
MP: New tax rates can either decrease SMEs or lead to a larger shadow  economyMP: New tax rates can either decrease SMEs or lead to a larger shadow  economy
Face to Face with “The Power of One Dram”: The Regional Forum on Dialogue of Generations is just a few days awayFace to Face with “The Power of One Dram”: The Regional Forum on Dialogue of Generations is just a few days away
Investment companies call for improving government programmes of  capital market development in Armenia Investment companies call for improving government programmes of  capital market development in Armenia 
Samara airport receives Yerevan-Moscow flightSamara airport receives Yerevan-Moscow flight
Armenia`s minister of territorial administration inspects work in  progress at Zvartnots airport Armenia`s minister of territorial administration inspects work in  progress at Zvartnots airport 
Head of Mantashyants Business Club raises alarm over legislation by  Ministry of Justice Head of Mantashyants Business Club raises alarm over legislation by  Ministry of Justice 
Armenia`s minister of territorial administration takes part in 11th  Berlin Energy Transition DialogueArmenia`s minister of territorial administration takes part in 11th  Berlin Energy Transition Dialogue
Government-submitted bill reducing working hours smacks of populism -  economistGovernment-submitted bill reducing working hours smacks of populism -  economist
Armenian fish industry gains access to European marketArmenian fish industry gains access to European market
Famous wine journalist Thomas Brandl to present Armenian wines at  ProWein Expo in DusseldorfFamous wine journalist Thomas Brandl to present Armenian wines at  ProWein Expo in Dusseldorf
Armenian wines debut at FOODEX JAPANArmenian wines debut at FOODEX JAPAN
Energy market liberalization goals almost achieved Energy market liberalization goals almost achieved 
Armenia`s Urban Development Committee, ADB and South Korean Ministry  of Economy and Finance launching a project to advance energy  efficiency of buildings Armenia`s Urban Development Committee, ADB and South Korean Ministry  of Economy and Finance launching a project to advance energy  efficiency of buildings 
Spring in the palm of your hand: the latest phone, smartwatch and  other surprises from TeamSpring in the palm of your hand: the latest phone, smartwatch and  other surprises from Team
 Armenia`s gross international reserves $3.344bln Armenia`s gross international reserves $3.344bln
Veolia Jur launches first small hydro Veolia Jur launches first small hydro 
EIF launching initiative aimed at innovative development of IT, other  sectors in Armenia`s regions EIF launching initiative aimed at innovative development of IT, other  sectors in Armenia`s regions 
Armenia`s ministry of health establishing State Health Insurance FundArmenia`s ministry of health establishing State Health Insurance Fund
Representatives of French companies to visit Armenia to discuss  cooperation prospectsRepresentatives of French companies to visit Armenia to discuss  cooperation prospects
Albert Avdolyan and Samvel Karapetyan ranked 47th and 49th on Forbes  list of 125 billionaires in RussiaAlbert Avdolyan and Samvel Karapetyan ranked 47th and 49th on Forbes  list of 125 billionaires in Russia
Expert: USAID closure to have a positive impact on Armenia`s energy  policyExpert: USAID closure to have a positive impact on Armenia`s energy  policy
Armenian banks prioritizing consumer lending over financing  the  economyArmenian banks prioritizing consumer lending over financing  the  economy
Armenia invites France to participate in North-South transport  corridor construction projectArmenia invites France to participate in North-South transport  corridor construction project
EDB to render technical assistance to RA Ministrry of Finance staff  retraining programme EDB to render technical assistance to RA Ministrry of Finance staff  retraining programme 
Armenia winner in Adventure Tourism category of PATWA international  award Armenia winner in Adventure Tourism category of PATWA international  award 
MP-proposed amendments to Tax Code radically changed MP-proposed amendments to Tax Code radically changed 
Armenia, Iran discuss expansion of economic cooperation Armenia, Iran discuss expansion of economic cooperation 
Armenia`s economic activity increased by 7.1% in January 2025Armenia`s economic activity increased by 7.1% in January 2025
Armenian Ambassador, Iranian Deputy Oil Minister discuss potential  areas of collaboration  Armenian Ambassador, Iranian Deputy Oil Minister discuss potential  areas of collaboration  
Armenia`s annual inflation rate for February rose to 2.5%  driven by  higher prices for food and servicesArmenia`s annual inflation rate for February rose to 2.5%  driven by  higher prices for food and services
EBRD presents new investment strategy  for Armenia EBRD presents new investment strategy  for Armenia 
Tax administration in car leasing to be regulated in Armenia Tax administration in car leasing to be regulated in Armenia 
Owners of stolen vehicles exempt from paying property taxOwners of stolen vehicles exempt from paying property tax
Web3 Armenia Foundation: Armenia Central Bank`s draft law on  cryptosphere benefiting other entities more than Armenia itself Web3 Armenia Foundation: Armenia Central Bank`s draft law on  cryptosphere benefiting other entities more than Armenia itself 
Issue of regulating alienation of Soviet public property to be  settled in Armenia Issue of regulating alienation of Soviet public property to be  settled in Armenia 
Read more
Exchange rates
14.03.2025
RUB4.570.02
USD391.74-1.00
EUR426.88-0.03
GBP506.99-1.84
CAD271.72-1.55
JPY26.33-0.18
CNY54.16-0.03
CHF443.14-1.84