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

YEREVAN, October 31. / ARKA /. Armenia’s national natural gas distributing company Gazprom Armenia topped the list of the 1000 largest corporate taxpayers in the third quarter of the year, the State Revenue Committee said today.

The Russian Gazprom-owned company was said to have paid about 30.2 billion drams in various taxes in the first nine months, up from 25.3 billion drams it paid in January-September 2013.

About 29.8 billion drams of that amount were collected by tax authorities and about 317.2 million drams by customs authorities. Also about 3.7 billion drams were direct taxes and 26.2 billion indirect taxes (including VAT and excise tax), and another 325 million drams were collected as other taxes, duties and compulsory payments. 

Gazprom-Armenia was followed by K-Telecom (trading as VivaCell-MTS) telecom company, which paid 22.15 billion drams in various taxes, down from 22.3 billion drams paid for the same period of time in 2013.  

Of that amount some 21.5 billion drams were collected by the tax authorities and over 587.7 million drams by the customs authorities, the State Revenue Committee said. 

Alex Grig company was third with more than 14.7 billion drams paid in different taxes, up from 11.7 billion drams it paid in January-September 2013. ArmenTel telecom was fourth with 12.8 billion drams of paid taxes, up from 11.5 billion drams paid in the third quarter of 2013. 

Zangezur Copper and Molybdenum Combine was fifth having paid a total of 12.8 billion drams, down from 26.3 billion drams paid for the first nine months of 2013. 

Overall, the 1000 largest corporate taxpayers paid more than 504.2 billion drams in taxes, up from 479.9 billion drams paid in January-September 2013 (an increase of 5%). About 317.5 billion drams were collected by tax authorities, and about 186.7 billion drams by customs authorities. 

Also about 169.5 billion drams were collected as direct taxes and 279.7 billion drams as indirect taxes (including VAT and excise tax). Also about 52.2 billion drams were collected as other taxes, duties and compulsory payments. ($ 1 - 411.74 drams). -0-