Armenia’s 440 Largest Corporate Taxpayers Pay 59.4 Billion Drams In Taxes And Other Mandatory Payments

YEREVAN, April 13. / ARKA /. Armenia’s 440 largest corporate taxpayers paid a total of 59.4 billion drams in taxes and other mandatory payments in the first quarter of the year. The figure represents a 49.6% rise from a year earlier, the State Revenue Committee said in a report, posted on its official website.

According to the report, the taxpayers paid a total of 49.2 billion drams in taxes, which make 60.5% of all taxes paid in the first three months of 2011. The growth if compared to the first quarter of 2010 amounted was 26.8% or 10.4 billion drams.

The largest taxpayers also paid 10.2 billion Drams in mandatory social payments, by 22.8% or 1.9 billion drams more from a year earlier.($1 – 376,.3 Drams) -0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (March 23–29)

The week in the Armenian financial market was marked by a combination of fiscal clarifications, regulatory changes, and institutional decisions.

Mher Grigoryan considers ADB’s participation in key projects for Armenia important

Armenian Deputy Prime Minister Mher Grigoryan and Asian Development Bank (ADB) Regional Managing Director Leah Gutierrez discussed the implementation of joint programs.

Martin Galstyan discussed Armenia’s implementation of the Fund’s structural benchmarks with the IMF mission

Central Bank of Armenia Governor Martin Galstyan held a final meeting with Alexander Timan, head of the IMF mission to Armenia, the regulator's press service reported.

Pashinyan: Regional Situation Increases Inflation Risks in Armenia

Armenian Prime Minister Nikol Pashinyan commented on the correlation between pension increases and rising inflation.

Acba Group invested $45 million in the creation of an AI factory

To spur the development of artificial intelligence infrastructure in Armenia, Acba Bank and Amundi-Acba Asset Management have invested a total of $45 million in Firebird to establish an AI factory and data center.

LATEST NEWS

spot_imgspot_imgspot_img