ARMENIAN TAXMEN COLLECT 173 BILLION DRAMS

Armenpress
Nov 30 2006

YEREVAN, NOVEMBER 30, ARMENPRESS: Armenian taxmen collected a total
of 173,2 billion Drams in taxes in January-October of 2006, up 25.2
percent or 34.8 billion Drams from a year ago.

The Armenian state taxation service said 53.6 billion Drams were
collected as profit tax, up from 37.1 billion from a year ago and
27.6 billion in income taxes, up from 20.4 billion from a year ago.

Excise taxes amounted to 10.7 billion drams, up from 10.5 billion in
Jan.-Oct. of 2005. Also some 6.2 billion were collected as so-called
simplified tax, up from 5.5 billion drams from a year ago and 12.8
billion Drams in fixed taxes, up from 10.4 billion in January-October
of 2005.

Mandatory social payments rose to 61.3 billion Drams, 21 percent up
from a year ago.