Gazprom Armenia tops the list of 1000 largest corporate taxpayers in first quarter

Gazprom Armenia tops the list of 1000 largest corporate taxpayers in first quarter

YEREVAN, April 29. / ARKA /. Armenia’s Russian-owned national gas distribution company Gazprom Armenia topped the list of the largest 1000 corporate taxpayers in the first quarter of 2014, according to the data of the State Revenue Committee.

The company paid 17.7 billion drams in various taxes in the first three months of the year, up from 13.2 billion drams it had paid in the first quarter of 2013.

Some 17.6 billion drams of that amount were collected by tax authorities, and about 68.6 million drams by customs authorities. Of that amount more than 1.23 billion drams were direct taxes and 16.4 billion drams were indirect taxes (including VAT and excise taxes); another 90.6 million drams were collected as duties and mandatory payments.

Gazprom Armenia was followed by Alex Grig Company which paid a total of 5.2 billion drams in various taxes, up from about 3.8 billion drams paid in the same period of 2013. Of that amount 633.1 million were collected by tax and more than 4.5 billion drams by customs authorities.

Armenia Telephone Company (ArmenTel) was third after paying more than 4.2 billion drams in taxes, up from 3.7 billion drams paid in January-March 2013.  Zangezur Copper and Molybdenum Combine was fourth with 2.9 billion drams of paid taxes, down from 3.4 billion drams it had paid in the first quarter of 2013.

Flash oil trader was fifth. It paid 2.5 billion drams against 2.7 billion drams paid in the same period of 2013.

In general, 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-

15:35 29.04.2014

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