Wednesday, October 20 2021 21:37
Alina Hovhannisyan

Gazprom Armenia returned to the leading position in the list of large  taxpayers

Gazprom Armenia returned to the leading position in the list of large  taxpayers

ArmInfo. In January-September 2021, Gazprom Armenia CJSC regained its leading  positions in the list of the largest taxpayers in Armenia, increasing  payments to the state treasury by 9.7% over the year to 38.3 billion  drams ($ 79 million). According to the State Revenue Committee, a  year earlier Gazprom Armenia occupied the 2nd position. The company  paid over 193 million drams for customs duties, 3.5 billion drams for  direct taxes, 33.9 billion drams for indirect taxes.

Zangezur Molybdenum Combine CJSC moved up to the second position from  the third, having paid AMD 38.2 billion to the state budget, of which  AMD 1.2 billion in customs duties, AMD 16.4 billion in direct taxes  (including income tax, tax for profit), 1.1 billion drams - for  indirect taxes (including VAT, excise tax).

The third place in the list of taxpayers was taken by the Office of  the Ministry of Defense of the Republic of Armenia, which paid 34.2  billion drams to the state treasury, of which 27.9 billion drams for  income tax, 5.2 billion drams for VAT.

The Armenian-Canadian JV "Grand Tobacco" moved down to the fourth  position from the first year earlier, having paid 24.7 billion drams  to the state treasury, of which AMD 961.2 million for customs duties,  AMD 5.077 billion for direct taxes (including income tax, profit  tax), AMD 19.3 billion for indirect taxes (including VAT, excise tax  ).

Geopromining Gold LLC moved down to the 5th place from the 4th year  earlier, tax payments of which amounted to AMD 16.4 billion, of which  396.1 million drams for customs duties, 6.1 billion drams for direct  taxes, 423.7 million drams for indirect taxes.

In total, the five leaders paid to the budget through taxes 151.9  billion drams ($ 313.7 million), of which 59.1 billion - for direct  taxes (including income tax, profit tax) and 59.9 billion drams- for  indirect taxes (including VAT, excise tax). In comparison with the  volume of tax payments of last year's five, the current figure has  increased by 14.2%.  After 5 leaders in the top ten, International  Masis Tabak (6th position, as in the previous year), the telecom  operator MTS Armenia (VivaCell-MTS trademark) moved up to 7th from  last year's 9th position, the 8th place was taken by "Teghut", which  occupied the 42nd position a year earlier, followed by the CPS Oil  Corporation LLc., which closed the top 5 a year earlier, and the 10th  position was taken by the oil trader "Flash" (versus 7th a year  earlier).

According to the data of the State Revenue Committee, the 1000  largest taxpayers of Armenia in January-September 2021 paid 871.2  billion drams ($ 1.7 billion) to the state treasury, which is 20.7%  more than a year ago. The share of TOP-5 accounts for 17.4%, and  TOP-10 - 24.7% (215.5 billion drams or $ 445 million).

Note that state institutions have been included in the list of the  largest taxpayers since 2021. Estimated exchange rate of dram as of  30.09.2021 amounted to 484.20 AMD/ $ 1.

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