Simplified Tax Revenues Of State Budget Grow By 2.1%, Revenues From

SIMPLIFIED TAX REVENUES OF STATE BUDGET GROW BY 2.1%, REVENUES FROM OTHER TAXES BY 24.2% IN JANUARY 2008 ON SAME MONTH OF 2007

Noyan Tapan
March 10, 2008

YEREVAN, MARCH 10, NOYAN TAPAN. The RA state budget revenues from
simplified tax made 859 mln drams (about 2.9 mln USD) in January 2008,
growing by 2.1% or 17.6 mln drams on the same month of 2007.

According to the press service of the RA ministry of finance and
economy, nature use and environmental protection payments amounted
to 829.8 mln drams in January 2008. These payments increased 2.8fold
or by 537.5 mln drams as compared with January 2007 due to a growth
of payments for harmful substances from transport means.

The state budgetary revenues from other taxes made over 1.6 bln
drams in January 2008. In particular, the royalty and concession
payments envisaged by the RA Law on Concession made 1.3 bln drams,
road payments – 164.1 mln drams, compulsory payments for regulation
of public services – 105.9 mln drams, fines for violation of the RA
Law on Taxes – 44 mln drams, revenues of the material encouragement
fund of the State Tax Service adjunct to the government – 35.9 mln
drams. Other taxes grew by 24.4% or 320.9 mln drams, mainly due to
payments envisaged by the RA Law on Concession.

Budgetary revenues from state duties amounted to 1.5 bln drams, as
a result of which the quarterly program was executed by 31.3%. State
duties grew by 30.4% or 340.1 mln drams as compared with January 2007,
which was mainly conditioned by an increase in duties for licensing
of some types of activities, departure of natural persons using air
transport, as well as in duties for lawsuits and complaints filed
to courts.