ArmInfo. Zangezur Copper-Molybdenum Combine CJSC (ZCMC) retained its leadership in the list of 1000 largest taxpayers of Armenia in January-September 2022. This is evidenced by the data of the State Revenue Committee, according to which during the reporting period the company sent to the state treasury a total of 129.2 billion drams in taxes ($318.4 million, with a 3-fold y-o-y increase), of which 1.4 billion was paid for customs duties, 39.2 billion drams - for direct taxes (including income tax, profit tax), 2.4 billion - for VAT, and 87.5 billion drams - for other taxes and payments.
The second place was taken by Gazprom Armenia CJSC, payments to the state treasury of which amounted to 41.8 billion drams, with a y-o-y growth of 9.1%. Of this amount, over 157.2 million drams were paid for customs duties, 3.7 billion drams - for direct taxes, and over 37 billion drams - for VAT. The third place continues to be occupied by the Armenian-Canadian Grand Tobacco enterprise , which allocated 32.5 billion drams to the state budget (with a y-o-y growth of 31.2%), of which 1.4 billion - for customs duties, 5.8 billion drams - for direct taxes (in including income tax, profit tax),7.3 billion drams - for VAT. International Masis Tobacco moved up to the fourth place from the fifth a year earlier, having paid 16.4 billion drams to the state treasury (6.5% y-o-y growth), of which over 1.4 billion drams - for customs duties, 3.7 billion drams - for direct taxes (including profit tax, income tax), 1.9 billion drams - VAT. Telecom operator "MTS Armenia" closes the top five (a year earlier it occupied the 7th place), tax payments of which amounted to 12.5 billion drams (y-o-y decline by 3.8%), of which 6.7 million drams were for customs duties, 4.9 billion drams - for direct taxes, 5.1 billion drams - for VAT.
In total, the top five paid 232.3 billion drams ($572.6 million) to the budget through taxes, which is 69.1% more than a year ago, of which 57.4 billion - in direct taxes (including income tax, profit tax) and 82.7 billion drams - for indirect taxes (including VAT, excise tax). The share of the top five in the list of 1000 largest taxpayers accounts for 21.4%.
After the TOP-5, the top ten is occupied by Philip Morris (10th place a year earlier), CPS OIL CORPORATIO 7th place (versus 8th a year earlier), Agarak Copper-Molybdenum Combine -8th place (against 40th a year earlier), the 9th place was taken by the "Flash" oil trader (as a year earlier), and the 10th place was taken by the "JTI Armenia" company (a year earlier, 15th place). According to the State Revenue Committee, in January-September 2022, the 1000 largest taxpayers in Armenia paid 1.082 trillion drams ($2.6 billion) to the state treasury, which is 31.8% higher than a year ago. It should be noted that the State Revenue Committee excluded the state departments from the list of taxpayers (included in this list from 2021) and has also revised the corresponding table for the same period of the previous year for comparability. In this regard, the places of the companies and organizations included in this list have changed. (The settlement rate of the dram as of September 30, 2022 was 405.65 AMD/$1)
