AMD 154.8 BILLION SENT BY 325 LARGE TAXPAYERS TO STATE BUDGET IN JAN-NOV 2009

ARKA
Jan 20, 2010

YEREVAN, January 20. /ARKA/. Armenian State Revenue Committee says in
its official Internet site that 325 large taxpayers of Armenia have
transferred AMD 154.8 billion to the state budget over the period
between January and November 2009.

This amount is smaller than that sent by large taxpayers to the state
budget at the same period of the previous year by AMD 37.3 billon.

Ten organizations – K-Telecom, Zangezur Copper and Molybdenum Combine,
Aemenian-Russian ArnRosgasprom, Armenian Railway, Orange Armenia, Pure
Iron Plant, South Caucasus Railways, Armenian Molybdenum Production,
Armenian-Canadian Grand Tobacco and Agarak Copper and Molybdenum
Combine – have transferred AMD 38 billion less over eleven months of
2009 than they sent to the state budget at the same period a year
earlier.

The committee says that tax agencies carried out 704 inspections in
Jan-Nov 2009.

As a result, additional AMD 5.2 billion have been transferred to the
state budget as taxes. ($1 = AMD 377.22).