ARMROSGAZPROM: DECREASED GAS CONSUMTION RESULTED IN REDUCED TAX

/PanARMENIAN.Net/
05.05.2009 15:37 GMT+04:00

Reduced tax payments of ArmRosGasProm CJSC and its subsidiaries to
RA state budget in 2009 is conditioned by decreased gas supply and
consumption in Armenia, ArmRosGasProm Press Service reported.

"Relatively warm winter is the reason for reduced gas supply,"
ArmRosGazProm commented on decreased tax payments to RA state budget.

Besides, VAT amount for services and products provided by ArmRosGasProm
to partner organizations in the first quarter of 2009 totaled AMD1,7
billion – tax payment decreasing by this amount.

As of Jan. 1, 2009, ArmRosGasProm tax payments exceed tax liabilities.

According to RA State Tax Service data, in the first quarter of 2009,
ArmRosGazProm CJSC paid AMD 3,4 billion to state budget. ArmRosGasProm
CJSC is second on the list of top 300 tax payers.

From: Emil Lazarian | Ararat NewsPress