ARMENIAN TAXMEN COLLECT 51.1 BILLION DRAMS OF REVENUES IN JANUARY
ARKA
March 3, 2010
YEREVAN, March 3, /ARKA/. Armenian tax and customs authorities
collected a total of 51.1 billion Drams of different revenues in the
first month of 2010, by 22.3% or 9.3 billion Drams more than a year
ago, the ministry of finance reported.
According to the ministry, 40.2 billion Drams were collected as taxes
and duties, of which 21.9 billion Drams were collected as VAT, by 20.5%
more than in 2009 January. Also 3.5 billion Drams were collected as
excise taxes, 4.6 billion Drams as profit taxes , 4.4 billion Drams
as income taxes, 2 billion Drams as customs duties, 916,2 million
Drams as state dues and 1.7 billion Drams as fixed payments.
According to the ministry, the amount of collected mandatory social
insurance payments rose by 41.7% from 2009 January to 6.8 billion
Drams.
Other non-tax revenues totaled 4.2 billion Drams or 68.5% of the
quarter projection. The Armenian government plans to collect this
year 742 billion Drams in revenues and spend 935 billion Drams. The
projected deficit is 193.4 billion Drams ($1 – 385.64 Drams).