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Zangezur CMC tops Armenia's 1000 largest taxpayers list

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  • Zangezur CMC tops Armenia's 1000 largest taxpayers list

    Zangezur CMC tops Armenia's 1000 largest taxpayers list

    20:34 - 05.05.11


    Armenia's State Revenue Committee has published the list of 1000
    largest tax payers in the first quarter in 2011, with Zangezur Copper
    Molybdenum Combine heading the list.

    The company has during the first three months paid 7.45 billion
    Armenian drams in taxes which is a six-fold growth compared to the
    same period last year.

    These figures have shifted the company from the 11th in the ranking
    list last year to the top in 2011.

    The second company in the list is HayRusGazard with 7.35 billion drams
    in taxes. Though it added its tax payments by 40% since last year, the
    company lacked around 100 million drams to lead the list.

    Alex Grig, LLC, which belongs to MP and businessman Samvel Aleksanyan,
    comes third in line with a total of 4.75 billion in taxes. The company
    increased its tax payments by 2.1% compared to the same period in
    2010.

    Armenia's firstly established mobile operator ArmenTel is the fourth
    in the list with a 9.2% increase in tax payments (3.14 billion drams).

    The fifth company in the ranking list is K-Telecom with 2.44 billion
    drams. This means the company's tax payments increased by 10.3%
    compared to the same period last year.

    Overall, taxes paid by Armenia's largest 1000 companies made a total
    of 106.5 billion drams during the first quarter which is by 9.3% more
    compared to last year's figures.




    Tert.am




    From: A. Papazian
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