ArmInfo. Over the first 9 months of 2017, deductions to the state budget of Armenia by the income tax from employees of large and medium-sized enterprises increased by 4.2 billion drams compared to the same period of the previous year. This was reported by the press service of the Committee on State Revenues.
According to the source, according to the line of royalties, tax revenues amounted to 6.3 billion drams, which is associated with an increase in prices for metal raw materials world market and consistent administration with respect to the royalty tax base for large mining companies. At the same time, the KGD press service notes, the volume of overpayment by the royalties decreased by 0.3%, which, taking into account the growth of the estimated tax revenues, amounted to 6.6bln AMD.
Tax deductions from imports from the countries of the Eurasian Economic Union carried out by large and medium-sized enterprises in January-September 2017, compared to the same period in 2016, increased by 14.1 billion drams, of which 9.8 billion drams, excise tax - 3.8 billion drams, nature protection payments - 0.5 billion drams.
The increase in allocations is due to the growth in imports for a number of goods (gasoline, diesel fuel) and increased control over the prices of goods sold. During the reporting period, the growth of allocations for other types of taxes is associated with increased control over prices, mandatory application of the rules for marking goods. As a result, 628.2 million drams were collected through environmental and nature use payments, fixed payments - 67.7 million drams, from sales of excise stamps - 338.6 million drams.