Six of seven Armenia-based insurance companies among 000 largest corporate taxpayers in first quarter

YEREVAN, April 29. / ARKA /. Six of the seven Armenia-based insurance companies were among the 1000 largest corporate taxpayers in the first quarter of 2014, the State Revenue Committee (SRC) said.

It said these companies paid a total of 632.7 million drams in various taxes, down from 645.5 million drams they had paid in the first three months of 2013.

According to the SRC, 96.8 % or 612.3 million drams of that amount were paid as direct taxes. In general, insurance companies accounted for 0.4 % of the total taxes paid during the period by the 1000 largest taxpayers in the first quarter.

The three largest taxpayers were Rosgosstrakh Armenia (more than 173 million drams), Reso (145.8 million drams) and Ingo -Armenia (123.8 million drams. They were followed by Nairi Insurance (84.6 million drams), Sil Insurance (53.3 million drams) and Armenia Insurance (52.1 million drams).

Overall, the 1000 largest taxpayers in the first quarter of 2014 paid over 154.3 billion drams in taxes against 146.3 billion drams paid in January-March 2013. ($ 1 – 412.80 drams). -0-

spot_img

POPULAR

IDBank, Visa, and Wizz Air Launch New Travel Privileges in Armenia

IDBank is the first in the CIS and Southeastern Europe to introduce the new Visa Wizz Air Platinum co-branded travel card.

Significant inflows of transfers and capital to Armenia boosted reserves to a record $6.5 billion in August – WB

Thanks to significant remittance and capital inflows, gross reserves in Armenia rose to a record $6.5 billion in August, equivalent to 4.3 months of import coverage, according to the World Bank's Armenia "Monthly Economic Update – September 2026."

Armenian investment company assets have grown approximately sixfold since 2021, exceeding 400 billion drams: Dimension Investments CEO

Armenian investment company assets have grown approximately sixfold since 2021, from 67 billion drams to over 400 billion drams, said Grigor Harutyunyan, CEO of Dimension Investments.

Demand and potential economic problems: head of the Central Bank of Armenia named the reason for the rate hike and the conditions for its...

The decision of the Board of the Central Bank of Armenia to raise the refinancing rate was primarily due to excessive demand factors, Central Bank Governor Martin Galstyan stated in response to a question from ARKA news agency.

Head of Central Bank of Armenia explained why the strengthening of the dram does not offset the rise in global commodity prices

At a press conference on Tuesday, Martin Galstyan, Chairman of the Central Bank of Armenia, commented on the impact of the strengthening of the dram on the price dynamics of imported goods.

LATEST NEWS

spot_imgspot_imgspot_img