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Fixed Payments Increase By 16.3% In Armenia In 2006

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  • Fixed Payments Increase By 16.3% In Armenia In 2006

    FIXED PAYMENTS INCREASE BY 16.3% IN ARMENIA IN 2006

    Noyan Tapan
    Feb 06 2007

    YEREVAN, FEBRUARY 6, NOYAN TAPAN. The total amount of fixed payments
    from various kinds of activity made over 15.1 bln drams (aout 36.3 mln
    USD) in Armenia in 2006, which made up 4.1% of the RA state budget's
    tax revenues.

    According to the RA Ministry of Finance and Economy, fixed payments
    increased by 16.3% or 2.1 bln drams compared with the previous
    year. This growth was mainly conditioned by an increase in payments
    for setting up gas filling stations, public catering and trade points
    and transportation activity.

    In the year under review, state budgetary revenues from simplified
    tax amounted to 7.7 bln drams, which made up 2.1% of the tax
    revenues. Simplified tax revenues grew by 13.8% or 929.2 mln drams
    in 2006 on 2005.

    In 2006, the state budgetary revenues from other taxes made 17.3
    bln drams.

    Particularly, nature use and environmental protection payments amounted
    to 11.7 ln drams, road payments - to 2.6 bln drams, fines for violation
    of the tax legislation - to 2.5 bln drams. Other taxes increased by
    82.4% or about 7.8 bln drams on the previous year, which was mainly
    conditioned by an increase in nature use and environmental protection
    payments and fines for violation of the tax legislation. At the same
    time, the total amount of road payments decreased.
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