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Armenia-based commercial banks among 1000 largest corporate taxpayer

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  • Armenia-based commercial banks among 1000 largest corporate taxpayer

    Armenia-based commercial banks among 1000 largest corporate taxpayers
    in first half of this year


    YEREVAN, July 25. / ARKA /. All 21 Armenia-based commercial banks were
    among the 1000 largest corporate taxpayers in the first half of this
    year, the State Revenue Committee (SRC) said today.

    Overall, they paid 21.1 billion drams in various taxes, down from 22
    billion drams they had paid in the same time span of last year,
    according to official numbers.

    Of 21.1 billion drams more than 21 billion drams were collected by tax
    authorities and the remaining 90.5 million drams by customs
    authorities.

    SRC said also that about 20 billion drams were collected as direct
    taxes (income and profit taxes), 963.6 million as indirect taxes,
    (including VAT and excise taxes) and another 81.8 million drams as
    other duties, taxes and mandatory payments.

    Overall, the banks accounted for 6.4% of the total amount of taxes
    paid in the first six months by the 1000 largest corporate taxpayers.

    The list of five leading banks by size of paid taxes was toped by
    ACBA-CREDIT AGRICOLE BANK, which paid about 2.7 billion drams (16th
    place). It was followed by HSBC Bank Armenia - 2.47 billion drams
    (17th place), Ameriabank - 2.41 billion drams (19th place), VTB Bank
    (Armenia) - about 2.2 billion drams (23rd place) and Ardshininvestbank
    -1.65 billion drams (33rd place).

    Inecobank paid about 1.5 billion drams (37th place), Unibank - 1.25
    billion drams (46th place), ArmBusinessBank - about 1 billion drams
    (57th place), Araratbank - 903 million drams (66th place),
    Armeconombank - 790.9 billion drams (81st) and Conversebank - 718.2
    billion drams (93rd place).

    Overall, the 1000 largest corporate taxpayers paid 325.9 billion drams
    in various taxes in the first half, up from 313.7 billion drams paid
    in January-June 2013. Topping the list is Armenia's national natural
    gas distributor Gazprom Armenia, which paid 23.9 billion drams against
    19.4 billion drams paid in January-June 2013. -0-

    - See more at: http://arka.am/en/news/economy/armenia_based_commercial_banks_among_1000_largest_ corporate_taxpayers_in_first_half_of_this_year/#sthash.BdiFdfz4.dpuf



    From: Emil Lazarian | Ararat NewsPress
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