Thursday, July 28 2022 15:23
Alina Hovhannisyan

Armenia`s communication companies pay 25% less as taxes to budget in  1st half of 2022

Armenia`s communication companies pay 25% less as taxes to budget in  1st half of 2022

ArmInfo.Four Armenian communication operators paid a total of AMD 15.3bln ($37.5mln) as taxes to Armenia's state budget in the first half of 2022 - a 25%  decrease as compared with the first half last year. Director taxes  totaled AMD 5.3bln (including profit taxes and income taxes), and  indirect taxes totaled AMD 6.7bln (including VAT, excise taxes). 

MTS Armenia (Viva-Cell-MTS) is the leader, ranking 6th among  Armenia's 1,000 major taxpayers (AMD 8.2bln - AMD 732,000 as customs  duties, AMD 3.4bln as direct taxes and AMD 3.1bln as VAT). 

Telecom Armenia (Team brand) ranked 29th (AMD 3.2bln paid to the  state budget as taxes, with AMD 107.2mln as customs duties, AMD  807.3mln as direct taxes and AMD 1.9bln as VAT). 

UCom ranked 35th (AMD 2.9bln paid as taxes to the state budget, with  AMD 23.7mln as customs duties, AMD 608.1mln as direct taxes and AMD  1.2bln as VAT). 

GNC Alfa (Rostelecom brand) ranked 123rd (AMD 934.4mln paid to the  state budget as taxes, with AMD 4.5mln as customs duties, AMD  446.6mln as direct taxes and AMD 429.6mln as indirect taxes). 

In the first half of 2021, the four communication operators paid a  total of AMD 20.3bln as taxes to Armenia's state budget, with AMD  10.3bln as direct taxes and AMD 5.6bln as VAT. Telecom Armenia was  the leader, followed by MTS-Armenia, UCom, GNC Alfa.