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Some Of The Oligarchs Pay More Taxes Than Before, But Some Of Them -

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  • Some Of The Oligarchs Pay More Taxes Than Before, But Some Of Them -

    SOME OF THE OLIGARCHS PAY MORE TAXES THAN BEFORE, BUT SOME OF THEM - FEWER?
    By Ara Martirosian

    AZG Armenian Daily
    27/04/2007

    Some changes are registered on the list of the first 300 taxpayers
    of RA of the first quarter of this year. This time, the first
    taxpayer is not the 'Copper-molybdenum conglomerate of Zangezur' but
    'Armrusgazprom' with its 6.8 milliard paid taxes. In the second place
    is 'Armentel' - 5.2 milliard drams, then comes the 'Copper-molybdenum
    conglomerate of Zangezur' - 4.6 milliard drams, but it is worth to
    mention that the conglomerate is the biggest corporation taxpayer in RA
    - 2.7 milliard drams. 'Armentel's' corporation tax is a little less -
    2.6-milliard drams. In the fourth place is 'Gh-telecom' company -1.2
    milliard corporate taxes out of a total of 2.9 milliard paid taxes. In
    the fifth place appears 'Salex group' - 2.3 milliard drams, it's one of
    the companies created by the owner of 'Yerevan-Sit', 'Gor', 'Lusastgh'
    supermarkets, deputy of the National Assembly Samvel Aleksanian, who
    has a monopoly on the import of sugar, and leadership on the import
    of butter, alcohol and grain.

    This company, like the others created by Samvel Aleksanian, does not
    pay a corporate tax in general. Moreover, its paid taxes are not
    even close to the real circulation indices of the company. In the
    sixth place is 'Flesh', the biggest importer of petrol and diesel
    fuel, with its 2.2-milliard drams paid taxes. The seventh is another
    importer of fuel 'Kaghpetrolservice' - 2 milliard drams.

    The biggest importer of tobacco 'Pares Armenia' paid 1.5 milliard
    drams, 'Electricity systems of Armenia' - 1.1 milliard drams and the
    ten concludes 'The Armenian Atomic Power Station' - 1.1 milliard
    drams. Hrant Vardanians 'Grand Tobacco' (887 million drams) and
    'International Masis Tabac' (878 million drams) companies are in
    the 12th and 13th place. H. Vardanian's other company 'Grand Candy'
    paid 337 million drams. A sharp growth has registered 'Yerevan jur'
    company - it is in the 21st place this year instead of the 83rd of
    last year. Gagik Tsarukian's 'Araratcement' also registered a growth
    (273 million drams) and is in the 40th place instead of the 107th of
    last year. We have always mentioned about the shady circulations of
    'Araratcement' and even though the indices have changed a little this
    year, they are far from being real.

    Another oligarch Michail Baghdasarov's 'Mika cement' company is not
    even in this list, what about his company 'Mika Armenia Traiding', it
    paid 280 million drams and is in the 37th place. Michail Baghdasarov's
    'Armavia airlines' company is only in the 194th place with its 62
    million drams paid tax. In 2006 it was in the 136th place. According
    to these indices, we can conclude that either Michail Baghdasarov's
    business does not have a success, or his status has changed, which
    let him pay fewer taxes. It's not difficult to understand that the
    last is the truth.

    'Derjava -S' (food) and 'Metex' (iron) companies also pay ridiculous
    taxes - 9,5 million drams and 8,5 million drams. The same we can
    say about the importer of electronics 'Zigzag', which paid only 6.8
    million drams of corporation taxes.

    Food and clothes fairs also pay little taxes, i.e. Malatia fair, which
    is 'Rafael-Tatev' company, paid 118 million drams, 'Hrazdan rental
    corporation' - 100 million drams, 'Petak' is in the 295th place - 42
    million drams and 'Hayastan trade center, Hayrapetian brothers' in the
    300th place - 41 million drams. For comparison we can see that State
    Economic University of Armenia also paid 42 million drams and is in the
    296th place side-by-side with the above-mentioned companies. These are
    facts about the shadow circulations of the system of trade in Armenia.
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