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

Donate Blood, Save Lives: Idram&IDBank

To support the replenishment of necessary blood supplies and promote a culture of blood donation, Idram and IDBank have joined the voluntary blood donation initiative organized by the Yeolyan Hematology and Oncology Center.       

Net inflow of remittances to Armenia from abroad doubled over 8 months

The net inflow of cross-border remittances to individuals in Armenia, received from abroad via the banking system of the Republic of Armenia, totaled $1.8 billion in January–August 2026, compared to $889.3 million in January–August 2025, according to a report by the republic's Central Bank.

Armenia and World Bank Discuss Priorities for Tax and Customs Administration Reform

Priorities for the next phase of tax and customs administration reform in Armenia were discussed during a meeting between Eduard Hakobyan, Chairman of the State Revenue Committee (SRC) of Armenia, Fabrizio Zarcone, Head of the World Bank Office in Yerevan, and Alexandra Cole, the UK Ambassador to Armenia.

Exchange rates of the euro, ruble, and dollar against the Armenian dram continued to decline – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.74 points on October 5 compared to October 2, settling at 361.81 drams.

Unibank’s AMD 6.9 billion Perpetual Bonds Listed on the Armenia Securities Exchange

Unibank’s AMD-denominated perpetual bonds with a total nominal volume of AMD 6.9 billion have been listed on the Armenia Securities Exchange and included in the secondary Bbond list of bonds.

LATEST NEWS

spot_imgspot_imgspot_img