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21.8% Growth Recorded In Sale Proceeds Of Armenia'S Largest Taxpayer

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  • 21.8% Growth Recorded In Sale Proceeds Of Armenia'S Largest Taxpayer

    21.8% GROWTH RECORDED IN SALE PROCEEDS OF ARMENIA'S LARGEST TAXPAYERS IN DEC 2010

    PanARMENIAN.Net
    February 18, 2011 - 15:56 AMT 11:56 GMT

    According to the Analysis of Summarized Indices of Large Taxpayers'
    Monitoring conducted at 343 largest taxpayers in December 2010 by
    the State Revenue Committee, the sale proceeds of Armenia's largest
    taxpayers totaled AMD 239.5bln in December 2010 that is 21.8% higher
    compared with the same period in 2009.

    Meanwhile, growth in this index was recorded at 186 companies -
    AMD 58.95bln. At the same time, decrease in sale proceeds of 134
    taxpayers was recorded - AMD 23.3bln.

    80 inspections were conducted by tax bodies in December 2010, as a
    result of which around AMD 2.8bln additional payments were made to
    the state budget.

    2.8% growth was recorded in the average number of employees in
    December 2010 compared to the same period in 2009, bringing it to
    115,448 people.

    Besides, salary costs grew by 13.1% during the reporting period.




    From: A. Papazian
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