ArmInfo. "VEON Armenia" CJSC (BeeLine trademark) leads the list of the largest taxpayers of Armenia among telecom operators. According to the published data of the State Revenue Committee of the Republic of Armenia for January-December 2019, the company took 10th place against 45th year earlier, having allocated 12.2 billion drams to the budget through taxes, of which 18.5 million drams - on customs duties, 3.5 billion - for direct taxes (including income tax, profit tax) and 3.4 billion - for indirect taxes (including VAT, excise tax).
"MTS Armenia" (VivaCell-MTS trademark), having moved to the 14th position from the 13th year earlier, paid 9.8 billion drams to the state treasury for 2019, of which 39.7 million drams - for customs duties, 2.4 billion drams- for direct taxes (including income tax, profit tax), 4.6 billion drams - for indirect taxes (including VAT, excise tax).
UCom takes the 18th place (versus the 22nd a year earlier), having paid 8.9 billion drams to the budget for taxes, of which 2.3 billion - for customs duties, 2.4 billion - for direct taxes (including income tax, profit tax) and 4.6 billion - on indirect taxes (including VAT, excise tax).
"JNC Alpha" (Rostelecom trademark) went down to 176th place from 129th year earlier, having paid 1.31 billion drams to the budget on taxes, of which 4.5 million - on customs duties, 439 million - on direct taxes ( including income tax, profit tax) and 643 million - for indirect taxes (including VAT, excise tax).
According to the RA State Revenue Committee, the four largest telecom operators of Armenia paid 32.2 billion drams (with an annual growth of 76%) to the state treasury in taxes for 2019, of which 2.3 billion drams - for customs duties, 10.6 billion - for direct taxes (including income tax, profit tax) and 12 billion - for indirect taxes (including VAT, excise tax).
It should be noted that in 2018, the four largest telecom operators in the total amount paid 18.3 billion drams to the state budget through taxes, with an annual decline of 25.9%. (Estimated rate of dram on 12/31/2019 amounted to 479.70 AMD / $ 1).