TAX OFFICIALS REPORT MORE COLLECTED TAXES THAN PROJECTED
Armenpress
YEREVAN, MAY 19, ARMENPRESS: Armenian taxmen collected in the first
four months of the year a little more than 53 billion drams, a 5.8
percent more than projected and 32.6 percent more from a year ago. A
deputy head of the state taxation service, Robert Kocharian, told
a news conference today that 41.2 percent were collected as profit
taxes, income taxes made 30.7 percent and 33.3 percent came as VAT.
In terms of money the amount of profit taxes was 15.2 billion drams,
well over 9.8 billion from a year ago. VAT revenues amounted to 15.3
billion drams against 10.1 billion from a year ago and income taxes
rose to 7.6 billion drams against 5.6 billion drams of the first four
months of 2004.
He said also 3.9 billion drams were collected as fixed payments
against 3.4 billion from a year ago and so-called simplified taxes
stood at 2.3 billion against 2.1 billion from a year ago. Kocharian
said there are all indications that the projected amount of taxes
for the first half of the year will be collected in due time. “All
budget projected allocations will be made in due time,” he said.