YEREVAN, July 30. /ARKA/. Armenia’s 1000 largest corporate taxpayers paid over 446.6 billion drams in various taxes in the first half of 2018, by 18% or 68.1 billion drams more than in the same period of time in 2017, the State Revenue Committee said.
According to the State Revenue Committee, about 343.7 billion drams of that amount were collected directly by the tax authorities, and about 102.8 billion drams by the customs authorities.
Of that amount about 168 billion drams were collected as direct taxes (income tax – 92.4 billion drams and payroll tax – 75.6 billion drams), some 211.8 billion drams were collected as indirect taxes (VAT – 177.1 billion drams and excise taxes – 34.6 billion drams), and also 66.6 billion drams were collected as other taxes and duties.
Armenia’s 1000 largest corporate taxpayers accounted for 74.1% of the total amount of taxes and duties collected in January-June 2018. Taxes and duties totaled more than 602.1 billion drams, an increase of 9.6% from the year before.
The list was topped by the Zangezur Copper and Molybdenum Combine in the southern province of Syunik that paid over 24.6 billion drams as taxes, up from 9.7 billion drams paid for the same period in 2017.
Second in the list is Gazprom Armenia national gas distribution company, which paid 20.7 billion drams, down from 24.4 billion drams paid a year before. It is followed by Grand Tobacco, which paid 16.7 billion drams, up from 15.6 billion drams paid for the first half of 2017. The fourth is GeoProMining Gold company, which paid about 8.8 billion drams against 8.1 billion drams paid for the same period in 2017.
The CPS OIL CORPORATION company, which paid 8.16 billion drams, compared with 6.1 billion drams for 6 months of 2017, was fifth.
The list of top 10 large taxpayers also includes PHILIP MORRIS ARMENIA (8.1 billion drams), Alex Holding (7.6 billion drams), JTI ARMENIA (7 billion drams), Electrical Networks of Armenia (6.5 billion drams) and International Masis Tabak "(5.8 billion drams). ($ 1 – 480.89 drams). -0-