Armenian insurance companies pay total of 2.3 billion drams in various taxes in fourth quarter last year – SRC

YEREVAN, January 30. / ARKA /. All seven insurance companies operating in Armenia appeared in the list of 1000 largest taxpayers in the fourth quarter of 2013 paying a total of 2.3 billion drams in various taxes, the State Revenue Committee (SRC) said in a statement posted on its official website.

The amount was up from 1.6 billion drams paid in 2012, the SRC said. Some 95.8 % or 2.17 billion drams of that amount were direct taxes.

This amount made only 0.34 % of the total taxes paid during the period by 1000 largest taxpayers.

The three largest insurance companies in terms of paid taxes were Rosgosstrakh –Armenia – 651.5 million drams, Ingo -Armenia -456.75 million drams and Reso – 405.3 million drams. They were followed by Armenia Insurance (233.7 million drams) , Sil Insurance (187.6 million drams ) , Nairi Insurance (178.6 million drams) and Garant Insurance (151.4 million drams).

In general, the 1000 largest taxpayers paid 665 billion drams in various taxes in the fourth quarter of 2013, up from 558.5 billion drams paid in the last quarter of 2012. ($ 1 – 409.03 drams). -0-

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