Thu, 19 February
10.1 C
Yerevan
USD: 377.69 RUB: 4.93 EUR: 446.88 GEL: 141.06 GBP: 512.37

Armenian insurance companies pay about 500 million drams in taxes for quarter one

YEREVAN, April 28. /ARKA/. The list of the 1000 largest Armenian corporate taxpayers in the first quarter of 2016 includes all six insurance companies operating in the country which paid a total of 499 million drams in various taxes, up from 457.4 million drams they had paid for the first quarter of 2015, the State Revenue Committee said.

According to the data, 93% of paid taxes were direct taxes.
Rosgosstrakh Armenia paid 161.6 million drams, Ingo-Armenia -33.3 million drams, Sil Insurance -58.4 million drams, Nairi Insurance -52.2 million drams, Reso -50.8 million drams and Armenia Insurance -42.6 million drams.

Overall the 1000 largest taxpayers paid more than 156.5 billion drams in various taxes for the first quarter of 2016, an increase of 2.7% over the same figure for the first quarter of 2015.

Topping the list is Gazprom Armenia national natural gas distribution company with more than 15.6 billion. drams, up from 15.1 billion drams it had paid for the same period of 2015, a 3.2% year-on-year growth. ($ 1 – 479.38 drams).  -0-

spot_img

POPULAR

Since 2018, Armenian citizens have received 300 billion drams in income tax refunds for mortgage repayments – Ministry of Social Affairs

From 2018 to 2026, approximately 300 billion drams have been transferred to Armenian citizens under the income tax refund program for mortgage interest repayments, announced Minister of Labor and Social Affairs Arsen Torosyan.

Armenia’s banking system is stable, and a positive impact from TRIPP implementation is expected: UBA head

Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.

Armenia’s gross reserves up by about USD 100 million, reaching USD5.2 billion in January

In January, the AMD appreciated by 0.4 percent (mom) against the USD and EUR, according to World Bank's «Armenia Monthly Economic Update – February 2026».

Union of Banks of Armenia: cryptocurrency market is gaining momentum with 2-3 banks planning to obtain licenses

The Armenian cryptocurrency market is gaining momentum: 2-3 banks plan to obtain separate licenses to handle these operations, Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated in response to a question from ARKA news agency.

Euro, dollar and ruble exchange rates against the Armenian dram have increased

The average market exchange rate for the US dollar against the Armenian dram, as of February 18, 2026, increased by 0.86 points compared to February 17, reaching 377.69 drams.

LATEST NEWS

spot_imgspot_imgspot_img