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18 Armenian banks listed among 1,000 largest tax-payers in 1st half

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  • 18 Armenian banks listed among 1,000 largest tax-payers in 1st half

    18 ARMENIAN BANKS LISTED AMONG 1,000 LARGEST TAX-PAYERS IN 1ST HALF OF 2006

    ARKA News Agency, Armenia
    Aug 3, 2006

    YEREVAN, August 3. /ARKA/ Eighteen out of 21 Armenian banks were
    listed among the largest tax payers in the 1st half of 2006. The RA
    Taxation Service reports that direct taxes totaled AMD 3.62bln or
    94.24% of all direct taxes paid by Armenia's banks.

    The banks in question paid 2.81% of the taxes paid by the 1,000
    largest tax-payers of Armenia.

    The first hundred of Armenia's largest tax payers includes
    Ardshininvestbank (AMD 672.3mln), HSBC Bank Armenia (640.5mln),
    Conversebank (404.7mln), Armeconombank (370.8ln), ACBA (351.9mln),
    Armsavingsbank (AMD 336.4mln), and Bank Anelik (240.9mln).

    Among the 1,000 largest tax payers are also Inecobank, Unibank,
    Areximbank, Bank Prometey, Mellat Bank, Armimpexbank, International
    Investment Bank, ITB, ArmSwissbank, Armenian Development Bank and
    Cascade Bank.

    The list published by the State Taxation Service also includes three
    credit institutions: ACBA Leasing - AMD 154.5mln, Izmirlyan Eurasia -
    AMD 36.6mln, "SEF International" - 15.1mln, as well as the national
    payment system "Armenian Card" CJSC (AMD 38.5mln), and Armenian Stock
    Exchange (ARMEX) (AMD 23.5mln).

    The 1,000 largest thousand AMD-payers of Armenia paid a total of AMD
    136.7bln to the state budget in the 1st half of 2006. P.T. -0--
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