Pashinyan: Large taxpayers increased payments to the budget - some as  much as 122%

ArmInfo. Most of the companies - large taxpayers increased payments to state treasuries. The Prime Minister of Armenia Nikol Pashinyan wrote about this on his Facebook page.

Thus, according to the prime minister, most of the companies that  occupy the top of the list of 1000 large taxpayers of a certain  public interest in the first half of 2019, compared to the same  period last year, significantly increased the total taxes paid to the  state budget.

"In particular, the Flash company in the first half of 2019, compared  to the first half of last year, paid taxes by 2.8 billion drams, or  58% more, the company" Ucom "exceeded the amount of tax payments by 1  billion drams or by 26%, Natalie Farm - by 0.7 billion drams or by  37%, Spayka company - by 1.4 billion drams or by 117%, Sas-group  company - by 0.9 billion or 82%, Max Petrol company - 2.2 billion  drams or 122%, "Zangezur Copper-Molybdenum Combine" - 4.9 billion  drams or 20%, "Gazprom Armenia" - 2.1 billion drams or 10%, "Electric  Networks of Armenia" - 1.3 billion drams or 20%.

The head of government recalled that in the first half of 2019, 1000  large taxpayers paid 14.3% or 64 billion drams more to the state  budget than in the same period last year.

Earlier, ArmInfo reported that the top 1000 taxpayers of Armenia paid  more than 511 billion drams to the state budget in January-June 2019  compared to 446 billion drams for the same period of 2018. 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 amounted to 2.3 billion  drams, or 80.3%.