Saturday, August 10 2019 12:24
Naira Badalian

Payments of large taxpayers of Armenia increased by 14% - Nikol  Pashinyan

Payments of large taxpayers of Armenia increased by 14% - Nikol  Pashinyan

ArmInfo. In January-June 2019, the 1000 largest taxpayers of Armenia paid more than 511 billion drams to the state budget. The Prime Minister of Armenia Nikol  Pashinyan wrote about this on his Facebook page.

"For comparison, we note that for the same period in 2018, the  largest 1000 taxpayers of Armenia generated 446 billion drams. Thus,  the tax increase this year amounted to 14%," Pashinyan wrote.   According to the State Revenue Committee, in comparison with the  first half of 2018, the volume of taxes paid by large taxpayers  increased by 64.4 billion drams, or by 14.4%. The first ten largest  taxpayers combined paid 131.4 billion drams to the state budget, or  about 26% of the taxes paid by 1000 major taxpayers of the country.

The largest taxpayer in Armenia is the Zangezur Copper-Molybdenum  Combine mining company, which paid 29.5 billion drams to the state in  the first six months of this year. Compared to the first half of  2018, this company paid taxes by about 4.9 billion drams, or 19.7%,  more. The second major taxpayer is Grand Tobaco, a tobacco company.  The volume of taxes paid by this company amounted to 28.2 billion  drams.  Compared to the first half of last year, this indicator  increased by 11.6 billion drams, or by 69.3%.  Gazprom Armenia closes  the top three largest taxpayers, transferring 22.7 billion drams to  the state budget, which is 2 billion, or 9.9% more than last year.

In the fourth place is another tobacco company - International Masis  Tobacco, which in the first half of this year transferred to the  state budget 9.4 billion drams. Compared with the same period last  year, this figure increased by 3.6 billion, or 61.9%. The fifth place  in the list is the mining company "GeoProMining Gold" with 9.1  billion drams. The growth of taxes paid by this company amounted to  256 million drams, or 2.8%.

In sixth place is CJSC "Electric Networks of Armenia", which  transferred 7.7 billion drams to the state budget. Compared to the  first half of 2018, the volume of taxes paid by this company  increased by 1.3 billion drams, or by 19.5%. The next major taxpayer  is Flash, a gas trading company, which paid AMD 7.6 billion this  year, which is AMD 2.8 billion or 57% more than the same period last  year. In the eighth position is the Aquilon Trade company, which has  transferred to the state budget  6.5 billion drams compared to 0.7  billion drams last year. Next is another tobacco company - "Philip  Moris Armenia" - 5.1 billion drams. This figure is less than last  year by about 3 billion drams, or 36.5%. Armenia's International  Airports closes the top ten largest taxpayers of the country with 5.1  billion drams. In this case, the tax increase was 2.3 billion drams,  or 80.3%. 

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