Mon, 30 June
31.1 C
Yerevan
USD: 384.47 RUB: 4.90 EUR: 450.83 GEL: 141.25 GBP: 526.80

Armenian banks paid 40.5 billion drams in taxes in 2017

YEREVAN, February 1. /ARKA/. The list of Armenia’s 1000 largest corporate taxpayers in 2017 includes all 17 commercial banks operating in the country, which paid about 40.5 billion drams in taxes, up from 34.4 billion drams paid in 2016, the State Revenue Committee said.

Of that amount about 40.2 billion drams were collected by the tax authorities, and about 278.9 million drams by the customs authorities. Some 36 billion drams were direct taxes (income and payroll taxes), 2.23 billion drams were indirect taxes (including VAT and excise tax), and another 2.2 billion drams were other taxes, duties and mandatory payments.

The five leading banks by size of paid taxes last year were Ardshinbank – 4.7 billion drams (26th place), VTB Bank (Armenia) – about 4.2 billion drams (29th place), ACBA-CREDIT AGRICOLE BANK – 4.18 billion drams (30th place), Ameriabank – 4 billion drams (32nd place) and Armbusinessbank – 3.3 billion drams (43rd place).

The list of the 100 largest taxpayers includs also Inecobank – 3 billion drams, Anelik Bank – 2.7 billion drams, Unibank – 2.6 billion drams, Converse Bank – 2.47 billion drams, Araratbank – 2 billion drams, ArmSwissbank – 1.8 billion drams, Armeconombank – 1.7 billion drams.

Overall, the 1000 largest taxpayers paid over 807.4 billion drams in various taxes last year, by 12.7% or 91.2 billion drams more than in 2016. ($ 1 – 480.81 drams). -0-

spot_img

POPULAR

US dollar exchange rate unchanged, euro and ruble rise

The average market exchange rate of the U.S. dollar to the Armenian dram on March 7, 2025, remained at 394.58 drams, unchanged compared to March 6.

Central Bank of Armenia considering introducing long-term mechanisms for insurance against fraud

The Central Bank of Armenia is considering the possibility of introducing mechanisms for insurance against fraud.

ACBA Bank summarizes the results of 2024 (video)

ACBA Bank summarized the results of 2024 and defined the future directions of the bank's development at the annual general meeting of shareholders, ACBA said in a press release today.

Armenia to receive EUR 26 million loan from KfW bank for renewable energy development

Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.

Euro falls by 0.62 points to 450.23 drams

The average market exchange rate of the US dollar against the Armenian dram as of June 27, 2025, decreased by 0.59 points compared to June 26 and amounted to 384.32 drams.

LATEST NEWS

spot_imgspot_imgspot_img