The State Revenue Committee of the Republic of Armenia in 2017 provided 1.2 trillion drams of tax revenues to the state budget
ArmInfo. Following the results of 2017, the State Revenue Committee of Armenia (SRC) provided 1 201.6 trillion drams of tax revenues to the state budget (including VAT) instead of the envisaged 1,135 trillion. drams.
As the press service of SRC reports, the amount of tax revenue for the reporting period exceeded the actual annual indicator of 2016 for 124.7 billion drams or 11.6%. In particular, the tax authorities provided 883.8 billion drams, with annual growth of 7.9% or 64.6 billion drams and 317.8 billion drams fell to the share of the customs service, with an increase of 23.3% per annum or 60 billion drams. Excluding VAT, the amount of tax revenues amounted to 1 155 trillion drams, which is more than the annual figure by 7.3% or 78.7 billion drams.