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ZANGEZUR COPPER-MOLYBDENUM PLANT LEADS TOP 1000 TAXPAYERS CHART IN ARMENIA
ARKA News Agency
Jan 29 2008
Armenia
YEREVAN, January 29. /ARKA/. The Zangezur Copper-Molybdenum Plant
led the top 1000 taxpayer's chart in Armenia in 2007, according to
the RA Tax Service.
The company paid AMD 33.6bln to the state budget in 2007 against AMD
32.8bln in 2006. Out of the total sum, AMD 31.7bln was collected by
taxation authorities, AMD 1.9bln by the RA Customs Service.
The assessed taxes (income tax, tax on profits) and indirect taxes
totaled AMD 11.8bln and AMD 19.1bln. The plant's fixed return amount
to AMD 133.1mln, other taxes and duties totaling AMD 2.6bln.
The 1000 principal taxpayers of Armenia paid about AMD 378.8bln to
the RA state budget in 2007, the RA Tax Service reports.
The Zangezur Copper-Molybdenum Plant CJSC is the largest mining and
smelting enterprises in Armenia. The company's investment program
2005-2020 totals $240mln. The plant's share in the global molybdenum
mining industry is 3%. Its ore reserves will be sufficient for 150
years. The molybdenum concentrate produced in the Zangezur Plant
contains 50% molybdenum, and the molybdenum copper concentrate contains
about 15% copper.
ARKA News Agency
Jan 29 2008
Armenia
YEREVAN, January 29. /ARKA/. The Zangezur Copper-Molybdenum Plant
led the top 1000 taxpayer's chart in Armenia in 2007, according to
the RA Tax Service.
The company paid AMD 33.6bln to the state budget in 2007 against AMD
32.8bln in 2006. Out of the total sum, AMD 31.7bln was collected by
taxation authorities, AMD 1.9bln by the RA Customs Service.
The assessed taxes (income tax, tax on profits) and indirect taxes
totaled AMD 11.8bln and AMD 19.1bln. The plant's fixed return amount
to AMD 133.1mln, other taxes and duties totaling AMD 2.6bln.
The 1000 principal taxpayers of Armenia paid about AMD 378.8bln to
the RA state budget in 2007, the RA Tax Service reports.
The Zangezur Copper-Molybdenum Plant CJSC is the largest mining and
smelting enterprises in Armenia. The company's investment program
2005-2020 totals $240mln. The plant's share in the global molybdenum
mining industry is 3%. Its ore reserves will be sufficient for 150
years. The molybdenum concentrate produced in the Zangezur Plant
contains 50% molybdenum, and the molybdenum copper concentrate contains
about 15% copper.