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Some 160 Bln AMD Taxes To State Treasury Of Armenia Collected In Sev

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  • Some 160 Bln AMD Taxes To State Treasury Of Armenia Collected In Sev

    SOME 160 BLN AMD TAXES TO STATE TREASURY OF ARMENIA COLLECTED IN
    SEVEN MONTHS OF 2005

    YEREVAN, AUGUST 31. ARMINFO. Tax revenues of the Armenian state budget
    for the first 7 months of 2005 totaled 17.4% of GDP or 159,610.6 mln
    AMD ($346.978 mln) and as compared to the same period of 2004 they
    grew 22.6%.

    According to the source, VAT revenues for the period under review
    grew 23.3% totaling 75.378 bln AMD, income tax revenues grew 19.1%
    totaling 13.497 bln AMD, profit tax revenues grew 64.1% to 26.022
    bln AMD, customs revenues grew 36.6% totaling 8.669 bln AMD.

    It should be noted that tax incomes in 2005 were planned at the
    level of 307 bln AMD or 15.1% of GDP as against 257 bln or 14.2%
    of GDP in 2004.
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