RA STATE BUDGET REVENUES FROM PROFIT TAX INCREASE BY 71.2% IN
JANUARY-MAY

YEREVAN, JULY 4, NOYAN TAPAN. In January-May, 2005, the profit tax
revenues of the RA state budget grew by 71.1% to 18.9 bln drams (about
41 mln USD). According to the RA National Statistical Service, in the
months under review, VAT increased by 20.8% to 52 bln drams, the
excise tax – by 8.7% to 14 bln drams. The income tax grew by 28.1% to
9.1 bln drams in the period under review, the simplified tax – by 7%
to 2.7 bln drams, while the fixed payments – by 14.6% to 5 bln
drams. The amount of customs duty revenues grew by 39.5% to 6 bln 98.8
mln drams. Other tax revenues of the state budget increased by 138.6%
in January-May and made 1.4 bln drams.