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K-Telecom A Top List Of Biggest Armenian Taxpayers For Jan/June 2008

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  • K-Telecom A Top List Of Biggest Armenian Taxpayers For Jan/June 2008

    K-TELECOM A TOP LIST OF BIGGEST ARMENIAN TAXPAYERS FOR JAN/JUNE 2008

    ARKA
    July 29, 2008

    YEREVAN, July 29. /ARKA/. K-Telecom (VivaCell trademark), one of two
    Armenian mobile telecommunication operators, topped the list of the
    biggest Armenian taxpayers for Jan/June 2008. The company was fourth
    at the same period a year earlier.

    State tax agency says that K-Telecom paid AMD 15 billion at the
    first half of 2008 against 7.4 billion at the same period of the
    previous year.

    According to the tax agency, AMD 12.1 billion was collected directly
    by tax agencies and 2.9 billion by customs agencies.

    Direct taxes (profit and income taxes) totaled AMD 5.8
    billion. Indirect taxes, including VAT and excise tax, amounted to
    AMD 8.3 billion.

    Another 973.7 million was received as other taxes, duties and binding
    payments.

    ArmRosgasprom was placed second in the list of the largest taxpayers.

    Kit paid AMD 9.4 billion to the state budget in 2008, while in 2007
    the company was placed atop the list.

    Tax agencies collected AMD 8.7 billion and customs agencies AMD
    672.4 million.

    Other large taxpayers are ArmenTel with its AMD 8.2 billion paid in
    Jan/June 2008 against AMD 10.1 billion at the same period in 2007,
    Zangezur Copper Molybdenum Plant having transferred about AMD 8 billion
    against 9.7 billion earlier and oil trading Gor Petrol Service and
    Flash, who added 4.9 billion and 4.8 billion to the state budget
    against 4.1 bill ion and 4.4 billion at the same period a year earlier.

    Alex-Grig with 4.4 billion, Armenian Electric Networks 3.4 billion
    and Armenian Railway with 3.3 billion paid to the state budget are
    singled out as well. ($1=AMD 301.31)
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