ARG TOPS LIST OF BIGGEST TAX PAYERS

ARMENPRESS
Jul 27, 2007

YEREVAN, JULY 27, ARMENPRESS: The joint Russian-Armenian Armrosgazporm
(ARG) natural gas operator has moved to top the list of 300 biggest
Armenian taxpayers.

According to the list, unveiled by the state taxation service, ARG
has nearly doubled the amount of taxes it paid in the first six months
of this year, to 12 billion Armenian Drams. Nearly half of the money
were direct-income and profit taxes.

The second line is occupied by ArmenTel telephone company, which paid
10.2 billion Drams, of which 4.5 billion Drams were direct taxes.

The third biggest company was Zangezour copper and molybdenum plant
which paid 9.7 billion Drams, including 4. 3 billion of direct taxes.

Armenia’s second mobile phone operator K-Telecom was the forth with
7.4 billion Drams of paid taxes.

Flash petrol importing company came next with 4.4 billion Drams of
paid taxes.