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TAX RECEIPTS OF STATE BUDGET REDUCE 18.7% IN JANUARY AND FEBRUARY
ARKA
March 24, 2009
YEREVAN, March 24. /ARKA/. Armenian State Revenue Committee's tax
agency says tax receipts of the stat budget shrank 18.7% in January
and February 2009, compared with the same months of the previous year,
to AMD 49207.8 million.
Tax inflow for February totaled AMD 27258 million and for January
AMD 21949.8 million.
VAT receipts amounted to AMD 10850 million in January and February
2009.
This result is 32.9% worse than that that of the same months a year
earlier.
Profit tax inflow amounted to AMD 8841.1 million, 21.4% less than a
year earlier.
Excise tax receipts reduced 67.9% to AMD 657 million. Other tax
receipts reduced 17.1% to AMD 8488 million.
Instead, income tax receipts grew 15.8% to AMD 7590.1 million.
Arrears grew 2.1% in February reaching AMD 90622.5 million. Aharon
Chilingaryan, deputy chairman of the State Revenue Committee, said
that the reduction was due to the global financial crisis.
"It is clear that our economy is impacted by outside factors, and
import reduction resulted in reduction in tax collection", he said.
But it absolutely doesn't mean that tax agencies work defectively,
Chilingaryan said adding that tax agencies do their job properly. ($1 =
AMD 370.61).
ARKA
March 24, 2009
YEREVAN, March 24. /ARKA/. Armenian State Revenue Committee's tax
agency says tax receipts of the stat budget shrank 18.7% in January
and February 2009, compared with the same months of the previous year,
to AMD 49207.8 million.
Tax inflow for February totaled AMD 27258 million and for January
AMD 21949.8 million.
VAT receipts amounted to AMD 10850 million in January and February
2009.
This result is 32.9% worse than that that of the same months a year
earlier.
Profit tax inflow amounted to AMD 8841.1 million, 21.4% less than a
year earlier.
Excise tax receipts reduced 67.9% to AMD 657 million. Other tax
receipts reduced 17.1% to AMD 8488 million.
Instead, income tax receipts grew 15.8% to AMD 7590.1 million.
Arrears grew 2.1% in February reaching AMD 90622.5 million. Aharon
Chilingaryan, deputy chairman of the State Revenue Committee, said
that the reduction was due to the global financial crisis.
"It is clear that our economy is impacted by outside factors, and
import reduction resulted in reduction in tax collection", he said.
But it absolutely doesn't mean that tax agencies work defectively,
Chilingaryan said adding that tax agencies do their job properly. ($1 =
AMD 370.61).